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Wells Fargo Strategic Capital recruits Altman as MD for healthcare group

Wells Fargo Strategic Capital, a Wells Fargo division, has named Dr. Rodney Altman as a managing director in its healthcare group. The appointment is effective immediately. Altman is a part-time physician at Stanford University Medical Center. He is based in San Francisco.

PRESS RELEASE

SAN FRANCISCO – October 23, 2019 – Wells Fargo Strategic Capital, a division of Wells Fargo & Company (NYSE: WFC), announced Dr. Rodney Altman as the newest managing director in its Healthcare Group, effective immediately. Altman, also a part-time physician at Stanford University Medical Center, is based in San Francisco and will work alongside the other members of the Healthcare Group, including John Ryan, Christine Guo, and Robert Rein.

Wells Fargo Strategic Capital provides long-term junior capital in the form of both equity or debt direct investments with the flexibility to structure solutions that best fit the needs of clients. The Healthcare Group focuses broadly across subsectors including healthcare services, digital health, medical technology, and biotech/pharma. In this new role, Altman works primarily with later venture or growth stage companies with proven business models and services or products nearing or in commercialization.

“In addition to Rod’s experience as a healthcare investor, he also gets hands-on, front-line exposure in medicine,” said Ryan. “He understands what is important to our clients and adds another well-rounded perspective on the industry to our group.”

Before joining Wells Fargo, Altman spent more than 20 years in the healthcare-focused private equity and venture capital industries with senior roles at several investment funds as well as numerous board director roles. He also held an operating role at Team Health, a healthcare practice management company.

Altman has been practicing emergency medicine for more than 25 years. Today, he continues to work part-time at Stanford University Medical Center where he is a Clinical Assistant Professor of Emergency Medicine. He received his degree in medicine from McGill University in Montreal, Canada, and his MBA from the University of Chicago.

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,700 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 33 countries and territories to support customers who conduct business in the global economy. With approximately 262,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2019 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.