Pritzker Group Private Capital today announced the firm’s healthcare investment partner, Michael Dal Bello, was named president of the Healthcare Private Equity Association, a trade group comprised of more than 50 private equity firms representing 400 healthcare portfolio companies. As president, Dal Bello will lead the organization’s advocacy, research and communication efforts when he takes office in July.
Dal Bello joined Pritzker Group Private Capital in December from Blackstone Group, where he invested more than $7 billion of equity capital in 13 transactions while helping to lead the firm’s sourcing efforts in healthcare. As investment partner, Dal Bello’s mandate is to source, invest in and oversee a group of healthcare companies for Pritzker Group Private Capital.
With 13 years of direct investing experience, Dal Bello has broad experience working with management teams to drive value through operational improvements, acquisitions and divestitures. While at Blackstone, he served on 10 corporate boards, providing strategic and operational counsel to portfolio company leadership teams.
“I am honored to take leadership of this organization at such a pivotal time for the healthcare industry. Private equity plays a significant and constructive role in supporting the growth of leading healthcare companies, which provide the products and services that lead to effective, efficient and high-quality patient outcomes,” Dal Bello said.
The Healthcare Private Equity Association was founded in 2010 by a group of private equity firms involved in healthcare. The organization advocates on behalf of members with government, represents the industry to the media and other organizations, and promotes knowledge sharing and best practices among association members. Prior to assuming the presidency, Dal Bello was a board member of the organization.
About Pritzker Group
Pritzker Group, led by Tony and J.B. Pritzker, has three principal investment teams: Private Capital, which acquires and operates leading North America-based companies; Venture Capital, which is the largest technology venture investor based in the Midwest; and Asset Management, which partners with top-performing investment managers across global public markets.
Pritzker Group Private Capital acquires North America-based middle-market companies with leading positions in the manufactured products, services and healthcare sectors. The firm’s permanent, proprietary capital base allows for efficient decision making, broad flexibility with transaction structure and investment horizon, and alignment with management teams focused on creating long-term value. Pritzker Group brings significant resources, expertise and credibility in building businesses and is an ideal partner for entrepreneur- and family-owned companies.
About Healthcare Private Equity Association
The Healthcare Private Equity Association (HCPEA) is a non-profit trade association 501(c)(6) that represents the U.S. healthcare private equity industry. Its mission is to support the reputation, knowledge and relationships of the healthcare private equity community.