Fundraising Fox

Havencrest Capital Management

Private equity

Dallas · Growth · 56 people tracked

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Investment thesis

Havencrest is a lower middle-market private equity fund dedicated to the healthcare sector, backing and building companies that transform how healthcare is delivered in America. Its portfolio spans clinical trial site networks, healthcare staffing, post-acute and home-based care, behavioral and mental health, and hospice and palliative care. The firm partners with established healthcare businesses to expand access to high-quality patient care across select markets and facility types, including integrated delivery networks and acute care hospitals.

Source: firm website, verified Aug 25, 2026.

Stage
Growth
HQ
Dallas, US
Instruments
Equity
Founded
2018
AUM
$450.7M
Tracked investments
29

Team · 56 people

from the firm's website
Paul E. VerHoeve II· Partner and Head of Portfolio Resource Group
Brian P. Banks· Principal
M. Jett Aubrey· Principal
Anthony F. Ecock· Operating Partner
Christopher D. Bowers· Operating Partner
David K. White· Operating Partner
David S. Boone· Operating Partner
Derrick L. Artis· Operating Partner
Douglas D. Hawthorne· Operating Partner
Duncan F. Young· Operating Partner
Edward D. Miller· Operating Partner
Frank A. Ingari· Operating Partner
Greg S. Koonsman· Operating Partner
H. R. Brereton Barlow· Operating Partner
James C. Collet· Operating Partner
Jeffrey N. Jarecki· Operating Partner
Karen Golden-Russell· Operating Partner
Karl A. Zachar· Operating Partner
Leonard M. Riggs· Operating Partner
Michael A. Ross· Operating Partner
Michael S. Gorton· Operating Partner
Nitin K. Jain· Operating Partner
Philip W. Eichenholz· Operating Partner
Randal C. Chatman· Operating Partner
Richard J. Hawkins· Operating Partner
Robert A. Kline· Operating Partner
Robert J. Greczyn· Operating Partner
Roger A. Ramsey· Operating Partner
Sandra F. Ryan· Operating Partner
Steven W. Logan· Operating Partner
Teri G. Fontenot· Operating Partner
Thomas A. Watford· Operating Partner
Walter J. Humann· Operating Partner
Austen P. Jeter· Vice President, Operations - Portfolio Resource Group
Carleen L. McCarthy· Vice President, Sales and Marketing – Portfolio Resource Group
Connally S. Scaff· Administrative Assistant
Jordan Barrett· Vice President, Business Development
Kelly A. Maltese· Executive Assistant
Kenneth A. Hersh· Senior Advisor
Maureen A. Spivack· Senior Advisor
Michael D. Nelson· Associate
Noah J. Berestka· Senior Associate
Peter J. Pronovost· Senior Advisor
Richard H. Jones· Senior Advisor
Ryan C. Vos· Analyst
Sawyer P. Stratton· Vice President
Stephanie A. Drake· Chief Financial Officer and Chief Compliance Officer
Timothy P. Schier· Senior Advisor
Tommy G. Thompson· Senior Advisor
Walter Alessandrini· Senior Advisor
William D. Paiva· Senior Advisor

What they invest in

from 20 of 29 portfolio companies

Healthtech ×17Digital Health ×10Biotech ×6AI & Machine Learning ×3Medical Devices ×3Mental Health ×3Hardware ×2Wellness & Fitness ×2

HQs:United States×12

Investments · 29 tracked

founders shown can be your intro path
Labcorplabcorp.comin𝕏NYSE: LH

Labcorp provides clinical laboratory testing, diagnostics, and lab data services for patients, healthcare providers, and biopharma companies, including genetic health panels, oncology testing, and self-ordered lab tests.

BiotechDigital HealthHealthtech

Co-investorsMultiplier Capital

Macrogenics Incmacrogenics.cominNASDAQ: MGNX

MacroGenics is a clinical-stage biopharmaceutical company developing antibody-based therapies for cancer patients.

BiotechHealthtechMedical Devices

Co-investorsRidgeback CapitalRiverVest Venture PartnersSanofi Ventures

AlgoRx

Clinical-stage biopharmaceutical company developing topical products for pain management.

Aparaaparaautism.comin

Apara Autism Centers provides Applied Behavior Analysis (ABA) therapy and life skills training for children on the autism spectrum, working with caregivers and accepting most insurance plans.

HealthtechMental Health

Avadyne Healthavadynehealth.com
Avid Health at Homeavidhealthathome.comin

Avid Health at Home provides in-home care services including personal care, companion care, respite care, private duty nursing, and specialized Alzheimer's/dementia and veteran care for aging adults and people with chronic or complex medical conditions.

Digital HealthHealthtechLongevity

Catalentcatalent.comin𝕏May 2019

Catalent is a global Contract Development and Manufacturing Organization (CDMO) that helps pharma, biotech, and self-care companies develop, manufacture, and deliver drug products and consumer health solutions.

Advanced ManufacturingBiotechHealthtechSomerset, US

John R. Chiminski(Executive Officer, Director)Wetteny Joseph(Executive Officer)Donald E. Morel Jr.(Director)Peter Zippelius(Director)

BoardJack L. Stahl(Director)Madhavan Balachandran(Director)

Co-investorsAisling CapitalLeonard GreenBlackstone

Community Education Centers

National provider of rehabilitative services for offenders and management services for correctional and detention facilities.

Deep Centered Mental Healthdeepcentered.comin

Deep Centered Mental Health is an outpatient mental health provider offering therapy, psychiatry, and BrainsWay Deep TMS treatment for conditions such as depression and OCD.

Digital HealthHealthtechMental Health

Effective School Solutionseffectiveschoolsolutions.comin𝕏

Effective School Solutions (ESS) partners with K-12 school districts to deliver in-person, evidence-based mental health and behavioral support programs within schools, focused on the small share of students with the most intensive emotional and behavioral needs.

Digital HealthEdTechMental Health

Co-investorsFrazier Healthcare Partners

Essence Healthcareessencehealthcare.com

Essence Healthcare offers Medicare Advantage plans for seniors, covering medical, hospital, dental, vision, hearing, and prescription drug benefits along with a flexible benefits card.

Digital HealthHealthtech

Co-investorsCamden Partners

Essia Health

Enables clinical teams to leverage EMR technologies for high-quality care, documentation and operational efficiency.

Focus Staff Services, LLCfocus-staff.comin

Focus Staff is a travel healthcare staffing agency that places clinicians such as nurses on temporary assignments at hospitals and facilities across different locations.

HealthtechHR TechMarketplaces

Geogroupgeogroup.comin𝕏

The GEO Group provides correctional facility development and management services along with evidence-based rehabilitation and reentry programs for government partners, delivered in-custody and post-release through its GEO Continuum of Care.

GovTech

IPGipg.com

Co-investorsCamden Partners

LipoScience

Medical product company using NMR technology to develop diagnostic tests for cardiovascular, metabolic and other diseases.

Co-investorsPappas Capital

Lumerislumeris.comin𝕏

Lumeris uses AI combined with human-centered design to address the U.S. primary care shortage, co-creating an AI tool called Tom with physicians and patients to deliver Primary Care as a Service.

AI & Machine LearningDigital HealthHealthtechSt. Louis, US

W. Michael Long(Chairman & Chief Executive Officer, Lumeris Group Holdings Corporation)

Co-investorsKleiner Perkins

Medivancemedivance.comin𝕏

Medivance offers the BD Arctic Sun temperature control solution, a non-invasive, nurse-driven system of hardware, software, proprietary hydrogel pads, analytics, and connectivity for Targeted Temperature Management (TTM) in critically ill patients.

HardwareHealthtechMedical Devices

Co-investorsCamden Partners

MedServe

Provides medical waste removal, destruction and related environmental services to healthcare providers.

Metabolonmetabolon.comin𝕏

Metabolon provides metabolomics services and bioinformatics tools that measure small molecules to give biological context to research data.

AI & Machine LearningBiotechHealthtechDurham, US

John A. Ryals(Executive Officer, Director)Gerald M. Haines II(Executive Officer)Rohan F. Hastie(Executive Officer, Director)

BoardJohn Oxaal(Director)R. Scott Barry(Director)R. John Fletcher(Director)

Co-investorsCamden PartnersEssex Woodlands Healthcare PartnersRevelation PartnersSyngenta Group Ventures

Paradigm Healthmyparadigmhealth.com

Paradigm Health is an Indiana-based hospice and palliative care provider offering community-based, holistic care to patients and support for their families and caregivers.

Digital HealthHealthtechWellness & Fitness

Jeff Jarecki(Founder & Chairman)

Paragon Bioservices

Industry-leading private-equity backed CDMO focused on development and manufacturing of cutting-edge biopharmaceuticals

BiotechBaltimore, US

Marco Chacon(Executive Officer, Director)Peter Buzy(Executive Officer)

BoardPatrick Hervy(Director)Christopher Kersey(Director)Kapila Ratnam(Director)

Co-investorsCamden Partners

Pet DRx

Building a network of 24-hour, state-of-the-art veterinary hospitals.

Scribeamericascribeamerica.comin𝕏

ScribeAmerica, in partnership with Speke AI, provides medical scribe services and an AI-powered clinical documentation platform that helps healthcare professionals capture patient encounters and reduce administrative work.

AI & Machine LearningDigital HealthHealthtech

Stericyclestericycle.com

Co-investorsCopley Equity Partners LLC

Tekton Researchtektonresearch.comin

Tekton is a multi-specialty clinical trial site organization that runs studies across neurology, psychiatry, cardiometabolic, vaccines and infectious disease, and general medicine indications.

BiotechDigital HealthHealthtech

The Oncology Institutetheoncologyinstitute.comin

The Oncology Institute is a community-based oncology provider operating over 100 clinics and affiliate locations, offering cancer treatments such as radiation, chemotherapy, immunotherapy, targeted and hormone therapy, blood transfusions, counseling, and clinical trials.

Digital HealthHealthtech

Co-investorsAea InvestorsOrbiMed

ThermoTekthermotekusa.comin

ThermoTek develops medical cooling and compression devices for post-surgical pain, edema, and DVT management, sold to patients and clinicians through a dealer network for orthopedic recovery and aesthetic procedures.

HardwareHealthtechMedical Devices

Vcahospitalsvcahospitals.comin

VCA Animal Hospitals operates a network of veterinary clinics offering pet exams, preventive care, specialty and emergency services, and CareClub preventive health care membership plans for dog and cat owners.

HealthtechWellness & Fitness

Aaron Belville(Vice President, P&O)Julia Georgesen(Chief Medical Officer)

Exits · 2

IPOs and acquisitions across the tracked portfolio

LabcorpNYSE: LHMacrogenics IncNASDAQ: MGNX

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Nov 2025
FundVintageCommittedNet IRRTVPIDPI
Havencrest Healthcare Partners Fund II, L.PLPs: Employees' Retirement System of Rhode Island2022-8.6%0.85x0.02x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Havencrest Capital Management made?
Havencrest Capital Management has 29 tracked investments.
What stage does Havencrest Capital Management invest at?
Havencrest Capital Management invests at the Growth stage.
What sectors does Havencrest Capital Management focus on?
Havencrest Capital Management focuses on Digital Health, Healthtech, Mental Health.
Where is Havencrest Capital Management located?
Havencrest Capital Management is headquartered in Dallas, US.
Who does Havencrest Capital Management co-invest with?
Havencrest Capital Management most often shares deals with Camden Partners, Kleiner Perkins, OrbiMed, among 15 tracked co-investors.

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