CRG, a leading healthcare-focused investment firm, has recently announced the appointment of Michael Arango as its new Managing Director and Head of Capital Formation. This move is expected to strengthen the firm’s position in the healthcare industry and help it expand its reach in the market.
Arango brings with him over 20 years of experience in the financial services industry, with a focus on healthcare. He has previously held senior positions at firms such as Goldman Sachs, Credit Suisse, and J.P. Morgan, where he was responsible for raising capital for healthcare companies and advising them on mergers and acquisitions.
In his new role at CRG, Arango will be responsible for leading the firm’s fundraising efforts and building relationships with investors. He will also work closely with the investment team to identify new investment opportunities and help portfolio companies grow and succeed.
CRG is known for its expertise in providing growth capital to healthcare companies, particularly those in the biotech, medical device, and diagnostics sectors. The firm has a strong track record of investing in companies that have innovative products or services that can improve patient outcomes and reduce healthcare costs.
With Arango’s appointment, CRG is expected to continue its focus on investing in companies that have a strong potential for growth and can make a significant impact in the healthcare industry. The firm’s investment strategy is based on a deep understanding of the healthcare market and a commitment to working closely with portfolio companies to help them achieve their goals.
In addition to its investment activities, CRG is also actively involved in supporting the broader healthcare community. The firm has established partnerships with leading healthcare organizations and sponsors events and initiatives that promote innovation and collaboration in the industry.
Overall, Arango’s appointment as Managing Director and Head of Capital Formation at CRG is a positive development for the firm and the healthcare industry as a whole. With his extensive experience and expertise, he is well-positioned to help CRG continue its growth and success in the years to come.
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- Source: https://zephyrnet.com/crg-appoints-arango-as-managing-director-and-capital-formation-head-pe-hub/