Capital Constellation Makes Minority Investment in Avista Capital Partners
Posted on 01/12/2021
Capital Constellation acquired a stake in New York-based Avista Capital Partners, a private equity firm with over US$ 6 billion invested in more than 35 healthcare businesses globally. Capital Constellation is managed by Wafra Inc. and is backed by a number of institutional investors. Constellation acquired a minority ownership interest in Avista, providing significant investment capital to support the continued growth of Avista’s healthcare-focused investment business and enabling Avista to increase its commitment to its funds under management.
Avista focuses on five healthcare sub-verticals: medical devices and technologies, pharmaceuticals, pharma outsourcing, healthcare IT and distribution, and consumer-driven care.