NEW YORK, March 6, 2015 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R") today announced that Ravi Sachdev, former Managing Director for Healthcare Coverage and Co-Head of Healthcare Services at J.P. Morgan, will join the Firm as a Partner.
Mr. Sachdev brings to CD&R extensive expertise in healthcare-related strategic advisory, M&A and capital markets, developed over his more than 16 years working with senior healthcare company executives.
"We believe the disruptive structural changes affecting healthcare will yield exceptional investment opportunities over the next decade or more," said CD&R Partner Rick Schnall. "Ravi's deep knowledge of the sector is a great addition to our healthcare investment team and we are thrilled to welcome him to the CD&R partnership."
"CD&R has a strong track record in healthcare investing, a set of shared values that are consistent with my own, a shared vision for the direction of healthcare and the opportunities that will create, and a distinctive combination of investment judgment and operating capabilities," said Mr. Sachdev. "I look forward to helping the team capture compelling investment opportunities as we navigate the massive structural transition underway in healthcare today."
Mr. Sachdev was recently named to Institutional Investor's Top Ten Rainmakers and Investment Dealer's Digest 40 Under 40 lists. He received a bachelor's degree in economics from the University of Michigan.
About Clayton, Dubilier & Rice
Founded in 1978, Clayton, Dubilier & Rice is a private equity firm with an investment strategy predicated on producing financial returns through building stronger, more profitable businesses. Since inception, CD&R has managed the investment of $21 billion in 63 businesses with an aggregate transaction value of approximately $100 billion. To learn more about CD&R, please visit www.cdr-inc.com.
SOURCE Clayton, Dubilier & Rice