Why Legacy Nonprofit Sheppard Pratt Invested in PE Firm Concord Health Partners’ Funds

Nonprofit behavioral health provider Sheppard Pratt and private equity firm Concord Health Partners have stepped up their years-long partnership focused on solving major behavioral health industry challenges. The two organizations seek to bring legacy nonprofit knowledge and PE investment savvy together in a new behavioral health-focused innovation and investment fund. The partnership will focus on finding and backing companies that use technology to address systemic issues at scale, the leaders of both organizations to Behavioral Health Business. 

Sheppard Pratt and about 30 LPs that include health systems, payers and a large physician practice joined Concord Health Partners’ second fund. Read more.

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