Summer Street Capital Announces Participation as Founding Member of the Healthcare Private Equity Association (HCPEA)

Jun 01, 2010, 16:47 ET from Summer Street Capital Partners LLC

BUFFALO, N.Y., June 1 /PRNewswire/ -- Summer Street Capital Partners (, a Buffalo, New York-based middle market private equity fund, is pleased to announce that it is a founding member of the Healthcare Private Equity Association ("HCPEA"), a Chicago-based, non-profit trade association whose purpose is to support the reputation, knowledge and relationships of the healthcare private equity community.

As of its founding, HCPEA's roughly forty member firms represent over $300 billion of capital under management and over 300 healthcare-focused investment professionals.  As the first sector-focused trade association in private equity, HCPEA anticipates it will represent one of the largest groups of privately-held healthcare businesses in the U.S.  Its members' approximately 500 healthcare portfolio companies have over $200 billion of combined revenue and over 750,000 employees.

Brian D'Amico, Managing Partner of Summer Street, commented, "We are proud to be involved in the formation of this important healthcare industry group.  This effort underscores Summer Street's focus on partnering with entrepreneurs and talented management teams in the middle-market healthcare sector.  We are delighted to be associated with so many other leaders in healthcare private equity investing."

Barry Freeman, Healthcare Advisory Partner at Summer Street added, "HCPEA brings together many of the strongest and most active private equity investors in healthcare.  We recognize that successful healthcare investing requires specialized knowledge, broad relationships, awareness of a constantly evolving regulatory environment, and deep understanding of sector-specific best practices.  Summer Street will definitely benefit from its active participation in this forum of industry thought leaders."

For more information on HCPEA, please visit or contact Karen Kajmo, Executive Director, at


Summer Street Capital Partners LLC, founded in 1999, is a Buffalo, NY-based private equity fund with approximately $300 million of committed capital, focused on investing in small-market companies.  The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies.  Summer Street's investors include leading pension funds, insurance companies, and banking institutions. Summer Street's investments support management buy-outs, family transitions, corporate divestitures, growth financings, and recapitalizations. The investment team is complemented by a team of experienced operating partners who are integrally involved in assisting portfolio companies. Visit for additional information.

SOURCE Summer Street Capital Partners LLC