Kansas City Finance

Oct 26 2017

Formation Capital, LLC – Perfecting the balance between capital and operations – Private Equity – Real Estate – Senior Housing – Long Term Care #formation #capital, #team, #formation, #equity #investments, #seniors #housing, #senior #housing, #long #term #care, #nic, #asha, #healthcare, #tandem,, #asset #manager, #arnold #whitman, #arnie #whitman, #steve #fishman, #brian #beckwith, #kelly #sheehy, #genesis #healthcare, #private #equity, #seniors #housing #and #care, #post #acute, #real #estate #investment, #reit, #alignment #of #interests, #asset #management, #lavie, #lifechoice #hospice, #genesis #rehab, #millenium #home #health #care, #inhouse #diagnostics, #inhouse #hospice, #healthcare #real #estate


Formation Capital


Arnold Whitman

Arnold Whitman is the founder and Chairman of Formation Capital, a leading equity investor in the seniors housing and care industry, and Co-Chairman of Genesis HealthCare. Most recently, he has become a partner in Aging2.0. a platform for innovation and technology for seniors. Over the past 15 years, Mr. Whitman has strategically led Formation Capital in its growth and execution of over $6 billion in transactions. Mr. Whitman serves on the board of Trident USA Health Services. He is also a current board member and Chairman Emeritus of the National Investment Center for Seniors Housing and Care Industries (NIC). His other interests in the seniors business include being a Principal in Primecare Properties, and a board member of Care Institute. Mr. Whitman s career has allowed him extensive speaking engagements both domestically and internationally. He has written and been featured in many publications including National Real Estate Investor, McKnight s Long Term Care News, SeniorCare Investor, Contemporary Long Term Care, Assisted Living Today, Modern Healthcare and Real Estate Forum.

Steve Fishman
President and Co-Chairman

Mr. Fishman is Co-Founder, President and Co-Chairman of Formation Capital. Since Formation s inception in 1999, Mr. Fishman has invested over $4 billion, comprising over 55,000 seniors housing beds, in senior housing and healthcare services companies. As President, Mr. Fishman leads Formation s deal origination and fundraising efforts. In April 2011, Mr. Fishman led the sale of the real estate assets of Genesis HealthCare to Health Care REIT for $2.4 billion.

Mr. Fishman has been active in the healthcare and real estate industries for over 30 years. Prior to founding Formation Capital, Mr. Fishman spent 20 years as a CPA serving the health care and real estate industries.

Mr. Fishman graduated with a B.S. in Accounting from Drexel University.

Brian Beckwith
Chief Executive Officer

Brian Beckwith has been active in healthcare mergers, acquisitions, investing and lending for the past 19 years in the United States and Europe. Since Mr. Beckwith joined Formation Capital as CEO in 2011, the firm has expanded its investment strategy to include new private equity investments in service companies for post-acute care, launched a mezzanine debt platform and continued to invest equity in healthcare real estate, investing approximately $4.5 billion in total.

Before joining Formation, Mr. Beckwith led the lending and investing efforts for healthcare real estate and senior housing for GE Capital, where he also oversaw $7 billion in loans and investments. Prior to that role, from 2005 through 2008, he led the risk team and then the entire healthcare lending and investing operations for GE Capital in Europe. Based in London, he invested in healthcare real estate, provided senior debt to private equity sponsored healthcare services companies, and provided equipment leasing throughout Europe. Additionally, Mr. Beckwith led new deal underwriting and portfolio management for GE Capital s domestic healthcare lending operations from 1998. Prior to joining GE Capital, he spent 6 years with an Atlanta-based valuation consulting firm with a focus on healthcare and with Delta Air Lines Capital Markets group.

Mr. Beckwith serves, or has served, on the boards of the American Senior Housing Association (ASHA), the National Investment Center for the Senior Housing and Care Industry (NIC), and the Alumni Board of the Terry College of Business at the University of Georgia. He is an active speaker for ASHA, NIC and many other industry organizations.

Mr. Beckwith is a graduate of the University of Georgia (BBA) and Georgia State University (MBA).

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