News

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.