Global private equity firm KKR has bolstered the firm’s health care team in Menlo Park after hiring former Apax Partners principal Ali Satvat as a director.
Satvat served as a principal on the health care investment team at Apax and managed new investments and portfolio companies across various health care sub-sectors. He began his career at Blackstone in 2000 and, prior to Apax , also worked in investment roles at Audax Group and Johnson & Johnson Development Corporation.
Jim Momtazee, a leader of KKR’s health care investment team, said, “There continue to be a number of developments that make health care an interesting sector for new investments. We have a strong team with deep industry expertise, and Ali is an important addition to that team.”
Since 1995, KKR has invested more than $9bn of equity in health care companies. Current portfolio companies include Accellent, Alliance Boots, Ambea, Biomet, HCA and Jazz Pharmaceuticals.
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