Frazier Healthcare Partners Announces New Structured Solutions Team

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SEATTLE--(BUSINESS WIRE)--Jan 14, 2025--

Frazier Healthcare Partners, a private capital firm focused exclusively on the healthcare industry, is pleased to announce the launch of Frazier Healthcare Structured Solutions, a new investment vertical at the firm focused on providing flexible capital to lower middle market healthcare companies. This initiative is designed to complement the private equity flagship strategy and provide attractive risk-adjusted returns for investors.

The team will include J.P. Michael (as a General Partner), Douglas Hollenbeck (as a Partner), and Hannah Maatallah (as a Vice President). They collectively have over 45 years of lending experience.

“We are excited to expand Frazier’s financing capabilities by partnering with a successful team we know well, and which has an excellent track record,” said General Partner, Brian Morfitt. “J.P., Doug and Hannah have defined a market for lower-middle market growth lending that fits well within the Frazier organization.”

About J.P. Michael: Mr. Michael is joining the Frazier Healthcare Structured Solutions team as a General Partner after he spent over five years with SVB Capital and its predecessor funds at WestRiver Group. He served as Senior Managing Director, focusing on leverage buyout, growth capital, and venture debt lending to healthcare and technology companies. He was also a member of the fund’s investment committee for five years. Before SVB Capital and WestRiver Group, Mr. Michael spent over 20 years with Comerica Bank, most recently as Senior Vice President and Regional Managing Director of Comerica’s Technology and Life Sciences Division in the Northwest and Canada. He also served as the National Director of Healthcare Sponsor Coverage for Comerica Bank. Mr. Michael began his career with Deloitte & Touche as an auditor, moving on to Services Group of America, then Savia International, and finally Trillium Corporation, before joining Comerica Bank in 1998.

About Douglas Hollenbeck: Mr. Hollenbeck is joining as a Partner on the Frazier Healthcare Structured Solutions team. Mr. Hollenbeck previously spent five years with SVB Capital and its predecessor funds at WestRiver Group, where he most recently was a Managing Director of their private credit funds, focusing on leverage buyout, growth capital, and venture debt lending to healthcare and technology companies. Before his time at SVB Capital and WestRiver Group, Mr. Hollenbeck spent over eight years in Comerica Bank’s technology and life sciences division, focusing on lending to venture capital and private equity-backed companies in a number of different sectors.

About Hannah Maatallah: Ms. Maatallah is joining as Vice President of the Frazier Healthcare Structured Solutions team. Previously, she spent two years as a Vice President at SVB Capital, providing debt financing solutions to private equity and venture capital-backed healthcare and technology companies. Prior to this, Ms. Maatallah was an Associate at Silicon Valley Bank for over three years, focusing predominantly on venture debt opportunities in the biotechnology and diagnostics market.

About Frazier Healthcare Partners:

Founded in 1991, Frazier Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. Since its inception, Frazier has raised over $11 billion of capital for private funds and co-investment opportunities and has invested in more than 200 companies over 33 years. Frazier has a philosophy of partnering with strong management teams while leveraging its internal operating resources and network to build exceptional companies. Frazier is headquartered in Seattle, WA, with an office in New York City (opening June 2025), and invests broadly across the U.S., Canada, and Europe.

For more information about Frazier Healthcare Partners, visit https://www.frazierhealthcare.com/home.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250114411119/en/

CONTACT: Peter Tornatore

Phone: 206.600.1251

Email:[email protected] Eckert

Phone: 206.600.1151

Email:[email protected]

KEYWORD: WASHINGTON UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES HEALTH HEALTH TECHNOLOGY HEALTH INSURANCE MANAGED CARE SOCIALLY RESPONSIBLE INVESTING FINANCE

SOURCE: Frazier Healthcare Partners

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PUB: 01/14/2025 08:00 AM/DISC: 01/14/2025 07:59 AM

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