Healthcare private equity group recognizes Mannion for his long-standing impact in the industry
Chicago, IL—The Healthcare Private Equity Association (HCPEA) has presented Martin J. Mannion with its 2015 Russell L. Carson Award for lifetime achievement in healthcare investing. Marty, Chief Investment Officer and a Managing Director with growth equity investor Summit Partners, was recognized for his 30-year career during which he has led numerous investments in healthcare services companies across North America.
HCPEA created the Russell L. Carson Award to honor an individual who has had a long-standing impact in the healthcare private equity industry. The first recipient was Russ Carson himself in 2011. Past honorees include David Beecken of Beecken Petty O’Keefe & Company, Michael Michelson of KKR, and Bryan Cressey of Cressey & Company.
Marty began his career as a systems engineer with IBM Corporation before joining Summit Partners in 1985. Since then, he has served as board director of many companies, including eight public companies. His current board directorships in the healthcare sector include ABILITY Network, CareCentrix and MDVIP. His prior directorships in the healthcare sector include AdvaCare, American Dental Partners, Clinical Pathology Laboratories, Employee Benefit Plans, ImageAmerica, Lincare and Pharmaco Dynamics Research. Marty holds an AB in Economics from Princeton University and an MBA from Harvard Business School.
“Over a 30 year career, Marty has built a stellar reputation as a healthcare investor,” said Craig Frances MD, a HCPEA Officer. “We are indebted to Marty and the prior HCPEA award winners who have served as outstanding role models and mentors.”
“As we were evaluating finalists for this award, many people in the industry credited Marty for helping to pave the way for investments in healthcare, a sector often fraught with reimbursement and regulatory risk,” said HCPEA President, Michael Dal Bello. “During his long career, Marty has served on the boards of many companies that have helped to improve patient outcomes, reduce system costs, and as a result achieve significant growth. In addition, Marty has been a terrific mentor to many professionals at Summit, a firm he helped to build into a great organization. Marty is truly a pioneer, and we are delighted to recognize him.”
The Healthcare Private Equity Association (HCPEA) is a nonprofit trade association whose mission is to sup¬port the reputation, knowledge and relationships of the healthcare private equity community.
HCPEA’s 50+ members are among the best known, most respected private equity firms, and they employ over 300 investment professionals throughout the United States and Canada. With $400+ billion under manage¬ment, our members represent one of the largest portfolios of privately held healthcare-related businesses encompassing services, products, diagnostics, distribution, pharmaceuticals and IT, among other segments. For more information, visit http://www.hcpea.org.