WASHINGTON (PRWEB) July 19, 2023 -- NaviMed Capital, a leading healthcare focused private equity firm based in the Washington, DC area, is pleased to announce the appointment of Kun S. (Pete) Lee as Chief Financial Officer and Vice President of Compliance. Mr. Lee joins two other recent additions to NaviMed’s growing team, investment professionals Alex Tuan and Paige Lawrence.
At NaviMed, Mr. Lee will oversee the management and implementation of all finance-related activities, including accounting, financial and tax reporting, treasury, portfolio valuation and analytics, and strategic planning to ensure scalability of processes and capabilities. He will also have operational responsibility for a broad range of compliance matters.
Mr. Lee joined NaviMed after more than a decade of successful financial services industry experience at American Industrial Partners, Blackstone Group, and EY. He is a graduate of New York University’s Leonard N. Stern School of Business, where he received a dual bachelor’s degree and a master’s degree in finance and accounting.
Brian Canann, Managing Director and co-founder at NaviMed Capital, said, “We are delighted that Pete has joined our firm. His experience establishing scalable processes to support rapid growth at prior firms is extremely valuable and timely for NaviMed, as we build on the firm’s successes and prepare for significant growth.”
“I am thrilled to join NaviMed given the firm’s strong reputation and proven ability to create value by partnering with founders of differentiated healthcare companies,” said Pete Lee. “I look forward to working with the entire NaviMed team as we capitalize on the tremendous opportunities in front of us.”
NaviMed also welcomes investment professionals Paige Lawrence and Alex Tuan to the firm. Ms. Lawrence has previous experience in management consulting and holds both a bachelor’s and master’s degree from Yale University. Mr. Tuan has previous professional experience in both private equity and investment banking, and holds a bachelor’s degree from Colby College.
About NaviMed Capital
NaviMed is a Washington, D.C.-based private capital firm with more than $400 million of assets under management, focused exclusively on the healthcare industry. NaviMed invests in fast-growing lower-middle market healthcare businesses that NaviMed believes are poised to benefit from the reform and technology innovation reshaping the healthcare industry. The firm focuses on healthcare services, healthcare IT, hospital products and pharmaceutical services businesses. NaviMed targets profitable private companies with up to $10 million of EBITDA and double-digit revenue growth. NaviMed’s senior investment team has a track record of value creation spanning, in the aggregate, dozens of investments and more than $11 billion of enterprise value created over the course of their combined careers.
Richelle Newman, NaviMed Capital, http://navimed.com, 1 202-760-2542, [email protected]
SOURCE NaviMed Capital