Avista Healthcare Partners Elevates Key Team Members to Drive Growth and Innovation

Avista Healthcare Partners Promotes Key Talent

In a significant move reflecting its continued growth and focus on leadership in the healthcare investment sector, Avista Healthcare Partners has recently announced three key promotions within its investment team. This strategic decision mirrors the firm's ongoing dedication to nurturing talent and enhancing its capabilities in the healthcare arena. The newly elevated members are Ryan Moran and Garrett Lustig, both promoted to Partner, and Elaine Tang, who takes on the role of Principal.

Recognizing Talent and Commitment

David Burgstahler, Managing Partner and CEO of Avista, expressed enthusiasm about the promotions, stating, "We are thrilled to recognize Ryan, Garrett, and Elaine for their outstanding contributions to Avista's success as well as their partnerships with our portfolio company management teams and Boards." This acknowledgment underlines not only their individual successes but also illustrates the firm’s broader commitment to building a robust leadership framework that can drive future innovation and investment opportunities in the healthcare industry.

Meet the Promoted Leaders

Ryan Moran

Ryan Moran, who joined Avista in 2018, brings a wealth of experience to his role. Prior to Avista, he served as an Associate at Morgan Stanley Capital Partners, focusing on private equity investments across diverse industries. His career also includes valuable experience at Bank of America Merrill Lynch as an Analyst in their investment banking division. Moran holds a Bachelor's degree from The George Washington University and an MBA from Harvard Business School. Currently, he serves as a Director on the boards of several companies, including Cosette Pharmaceuticals and GCM Holding Corporation.

Garrett Lustig

Garrett Lustig, on board with Avista since 2015, previously worked in investment banking at Centerview Partners before transitioning to private equity. He earned a Bachelor’s degree from Duke University and boasts significant experience overseeing various healthcare investments. Lustig currently holds Directorships for several entities, including EBi Bone Healing and Organogenesis (Nasdaq: ORGO), demonstrating a strong influence in the medical and biotech sectors.

Elaine Tang

Elaine Tang, the newest member among the promoted leaders, joined Avista in 2022 after working in private equity at Partners Group. She holds a Bachelor’s from Wellesley College and an MBA from Harvard Business School, reflecting her solid educational background. As a Director of PK Benelux and Probo Medical, Elaine brings a fresh perspective to Avista’s investment strategy, particularly in European healthcare markets.

A Vision for Future Growth

Avista Healthcare Partners, founded in 2005 by Thompson Dean and David Burgstahler, is a prominent private equity firm based in New York. With over $10 billion invested in more than 50 growth-focused healthcare businesses worldwide, Avista specializes in partnering with companies showcasing strong management teams and promising growth trajectories. The firm's investment philosophy targets healthcare sectors experiencing significant trend-driven demand, ensuring a proactive approach to investment and partnership.

Conclusion

The promotions of Ryan, Garrett, and Elaine signify a pivotal step for Avista in maintaining its competitive edge within the healthcare investment landscape. As the firm continues to grow its portfolio and explore new investment avenues, the leadership insights and strategic direction provided by these newly promoted professionals are expected to play a crucial role in Avista's ongoing success. For more information about Avista Healthcare Partners, visit Avista Healthcare or follow them on LinkedIn for the latest updates and insights from the firm.