Healthcare-focused private equity firm BelHealth Investment Partners has named Scott Lee as a managing director. Lee is a former principal at HealthEdge Investment Partners.
New York, New York – October 3, 2016 – BelHealth Investment Partners (“BelHealth”), a healthcare-focused private equity firm with $500 million of assets under management, announced that Scott Lee has joined the team as a Managing Director. Mr. Lee will be responsible for originating, structuring and executing Fund transactions.
Mr. Lee has over 10 years of relevant private equity experience in the healthcare sector. Beginning in 2004, Mr. Lee was the Investment Analyst for Commonwealth Associates and the CARE Capital Group, where he first met and worked with several members of the BelHealth team. Starting in 2006, Mr. Lee served as a Principal at HealthEdge Investment Partners (“HealthEdge”), a lower middle market focused healthcare private equity fund that BelHealth Founder and Managing Partner Harold Blue founded in 2005.
While at HealthEdge, Mr. Lee was involved in all of the firm’s platform investments and served as a Board member of Woodbury Health Products, Infinity Homecare, and MNG Laboratories.
Mr. Lee has particular expertise in the post-acute care, healthcare consumer products, contract manufacturing and specialty distribution healthcare sectors. In joining BelHealth, Mr. Lee will focus on originating new investment opportunities, driving growth at existing portfolio companies and supporting all other aspects of the firm. Mr. Lee received a BS in Commerce with concentrations in Finance, Accounting and Management from the McIntire School of Commerce at the University of Virginia.
Dennis Drislane, Co-Founder and Managing Partner said, “We are pleased to welcome Scott to our team. I have known Scott for well over 10 years and have witnessed his style and the manner in which he works first hand. He’s a perfect fit for BelHealth. We look forward to Scott hitting the ground running and contributing to the firm in the many years ahead.”
Scott Lee added, “I am excited to reunite with Harold, Dennis and the BelHealth team. The firm has achieved tremendous success since its founding and is well positioned to capitalize on the healthcare tailwinds in the lower middle market. I look forward to bringing my experience across healthcare services, products and distribution to BelHealth and supporting the firm’s continued growth.”
Harold S. Blue said, “We are thrilled to have Scott join BelHealth. Having worked with Scott for many years, I understand his work ethic, character, and ability to work with the BelHealth team. We are fortunate to have a full pipeline of platform and add-on acquisitions, and we know Scott will fit in seamlessly. Scott will immediately begin to execute transactions and add value to our existing portfolio companies. Our culture is entrepreneurial and predicated on speed and efficiency, and, given Scott’s personality and experience, he is a great fit for our team.”