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May 23, 2023
Darren Black and Ross Stern Named to GrowthCap’s Top 25 Healthcare Investors of 2023 List
Summit Managing Directors Darren Black and Ross Stern were named to GrowthCap’s “Top 25 Healthcare Investors 2023” list. In determining this year’s list, GrowthCap evaluated the breadth of experience of each nominee, feedback from CEOs, firm colleagues and industry peers, in addition to conducting proprietary research.
Darren Black joined Summit in 2013 and has since led or played a significant role in investing more than $3.5 billion in capital across 18 portfolio companies. He has partnered with numerous high-growth companies across the healthcare sector during his career, building deep expertise across the healthcare services and outsourced life sciences services landscape.
Darren's current board directorships include Fortis Life Sciences, InnovaCare Partners, Leon Medical Centers, LifeStance Health (NASDAQ: LFST), Paradigm (recapitalized by OMERS), PharmScript, Sound Physicians, TurningPoint Healthcare Solutions, US Health Partners, U.S. Renal Care, VaxCare and Veranex. His previous board and investment experience includes Abode Healthcare (acquired by BrightSpring Health Services), ABILITY Network (acquired by Inovalon), Advance Health (acquired by New Mountain Capital), DuPage Medical Group (now known as Duly Health and Care; acquired by Ares Management) and HealthSun (acquired by Anthem).
Ross Stern joined Summit in 2009 and has since led or played a significant role in investing more than $2.0 billion in capital across 12 portfolio companies. Ross has partnered with numerous high-growth companies across the healthcare sector, building deep expertise in value-based care, provider-led practice management business models, HCIT and life sciences.
His board and investment experience includes Abode Healthcare (acquired by BrightSpring Health Services), DuPage Medical Group (now known as Duly Health and Care; acquired by Ares Management), Fortis Life Sciences, My Dentist (acquired by Heartland Dental), Paradigm (recapitalized by OMERS), PharmScript, Sound Physicians, TurningPoint Healthcare Solutions, U.S. Renal Care and VaxCare.
Read more about Darren, Ross and their fellow honorees at Growth Cap.
Award selections are determined based on GrowthCap’s evaluation of the nominee’s demonstrated success in his specific role, breadth of experience, longevity in the healthcare field, and consistency in performance within the healthcare industry, among other factors. Information on each nominee was received through nomination application forms, GrowthCap’s online submission portal, GrowthCap’s proprietary research and direction communication with portfolio company CEOs and other executives, firm colleagues and peers in the healthcare industry. To view the full list of honorees and read more about the selection methodology, visit GrowthCap’s website.
This award is the opinion of the party conferring the award and not of Summit Partners. Summit Partners submitted a nomination, and once selected, paid a publishing and copyright fee to promote this award. There can be no assurance that other providers or surveys would reach the same conclusion as the party conferring the award referenced herein.