Blackstone Names Ram Jagannath Global Head of Healthcare Investing, Announces Key Healthcare Sector Promotions

NEW YORK, February 28, 2022–(Business enterprise WIRE)–Blackstone (NYSE: BX) today declared three critical management promotions in the healthcare investing sector. Ram Jagannath will serve in a newly developed position of Global Head of Health care Investing – overseeing this spot throughout Blackstone’s Non-public Equity, Tactical Options and Growth corporations. Anushka Sunder will lead healthcare investing for Blackstone Private Fairness, and Mike Kirkman will direct healthcare investing for Blackstone Expansion.

Jon Gray, President and Main Operating Officer of Blackstone, explained: “Blackstone’s scale and shared mental cash throughout our corporations have been essential competitive advantages for our health care franchise. Ram, Anushka and Mike are earth-class investing pros with deep sector experience – and having them phase into these new positions will enable us even further integrate people endeavours.”

Ram Jagannath mentioned: “I’m enthusiastic to choose on this expanded part as we go on to invest in businesses doing the job to enhance client results and strengthen the healthcare delivery procedure. The breadth of Blackstone and insights we can leverage – together with from our top Lifetime Sciences company – has aided make us an attractive lover to our investors and the businesses we back. I glance ahead to doing the job with Anushka, Mike and the entire Blackstone crew to more make on all those endeavours in the yrs in advance.”

Anushka Sunder reported: “Healthcare is one of the most active expense parts in our Non-public Fairness business offered the growth and innovation in existence sciences R&D, technology adoption and treatment shipping to buyers. I am energized to continue on operating with founders and management groups to more devote in and scale their companies, and to develop their scope and strategic importance in an ever-far more-interconnected health care ecosystem.”

Mike Kirkman mentioned: “Blackstone has recognized by itself as a top companion for healthcare business people and innovators, and I’m honored to choose on this position and keep on increasing on people initiatives relocating forward.”

Ram Jagannath beforehand served as head of Healthcare for Blackstone Development and Tactical Possibilities. Given that signing up for Blackstone in 2019, he has led Blackstone’s investments in HealthEdge, Burgess Group, Bright Health (NYSE: BHG), Cryoport (NASDAQ: CYRX), ZO Skin Well being, Altruista Wellbeing, Ginger, Hydrogen Overall health, Wellframe, Medable and Everyday living Science Logistics, and was involved in Blackstone’s expense in Alnylam/inclisiran royalty (NASDAQ: ALNY). Prior to joining Blackstone, Mr. Jagannath was a Founding Husband or wife of Navab Money Companions (NCP) and a Controlling Director at The Carlyle Team – the place he focused on healthcare investing. Mr. Jagannath acquired a BSE in Biomedical and Electrical Engineering with a minimal in Economics from Duke University, a J.D. from the Northwestern College Pritzker University of Legislation and an MBA. from the Northwestern College Kellogg Faculty of Management. In 2021, he was regarded in Contemporary Healthcare’s 100 Most Influential Folks in Healthcare and GrowthCap’s Top 25 Healthcare Traders.

Anushka Sunder is a Senior Managing Director in Blackstone’s Private Equity team. Due to the fact signing up for the company in 2013, she has led a range of the business’ most important health care transactions – most lately Medline, Precision Medication Team and HealthEdge. In advance of joining Blackstone, Ms. Sunder was an Affiliate at TPG Cash and an Analyst at Goldman Sachs in the Monetary Institutions Team. Ms. Sunder gained an A.B. in Economics from Harvard Faculty, the place she graduated magna cum laude and Phi Beta Kappa, and an MBA from Harvard Small business College.

Mike Kirkman is a Handling Director in Blackstone Advancement. Because becoming a member of the firm in 2021, he has served guide Blackstone Growth’s expense in Medable, in addition to a selection of other deal pursuits. Ahead of Blackstone, Mr. Kirkman was a Director at GI Companions, a private equity agency based mostly in San Francisco, wherever he focused on the healthcare and software program sectors. Prior to signing up for GI Partners, Mr. Kirkman was with JLL Associates in New York wherever he centered on non-public fairness investments in North America. He received a B.S. from the McIntire College of Commerce at the College of Virginia and an MBA from the Wharton Faculty of the University of Pennsylvania.

About Blackstone

Blackstone is the world’s most significant option asset supervisor. We search for to make constructive financial affect and very long-time period price for our investors, the firms we make investments in, and the communities in which we get the job done. We do this by making use of extraordinary people today and flexible money to aid organizations clear up challenges. Our $881 billion in assets below management contain expenditure vehicles targeted on personal equity, genuine estate, community debt and fairness, infrastructure, existence sciences, development fairness, opportunistic, non-expenditure grade credit rating, serious belongings and secondary resources, all on a global foundation. More details is readily available at www.blackstone.com. Stick to @blackstone on LinkedIn, Twitter, and Instagram.

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