HEP MANAGEMENT CORPORATION
HEP MANAGEMENT CORPORATION is a Series C+ and buyout fund in the US writing $250K–$5M checks into healthcare-tech and healthcare-services.
- Stages
- Series C+, buyout
- Sectors
- healthcare-tech, healthcare-services
- Check size
- $250K–$5M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2006
- Assets under management
- $676M
- Website
- hepfund.com
Thesis
Health Enterprise Partners (HEP) is a private equity firm founded in 2006 and headquartered in New York City, specializing in the U.S. healthcare sector. Their investment thesis focuses on healthcare information technology (HIT) and healthcare services companies, particularly those in the lower middle market. HEP targets companies with positive revenue and consistent cash flow or near cash flow breakeven, employing a strategy of growth equity and small buy-and-build opportunities. They often take control or significant governance influence, acting as the first institutional investor. HEP leverages its network of hospital systems and health plans to identify market segments and support portfolio growth. Key focus areas include administrative automation, behavioral health, care setting optimization, clinical efficiency tools, pediatric care, Medicare Advantage enhancement, outsourced services, patient activation, value-based care, and specialty pharma IT/services. The firm actively seeks to partner with experienced healthcare operators. As of March 31, 2026, HEP reported $426.6 million in AUM, with a total Private Fund Gross Asset Value (GAV) of $676.6 million. Their typical investment targets companies with revenues between $10 million and $50 million, with check sizes ranging from $250,000 to $5 million.
Common questions
Does HEP MANAGEMENT CORPORATION invest at the Series C+ stage?
Yes. HEP MANAGEMENT CORPORATION lists Series C+ and buyout among the stages it invests in.
What check size does HEP MANAGEMENT CORPORATION write?
HEP MANAGEMENT CORPORATION writes $250K–$5M checks.
Where does HEP MANAGEMENT CORPORATION invest?
HEP MANAGEMENT CORPORATION invests in the US.