Lightyear Capital adds Michael Langer as Managing Director and Member of the Investment Committee
Will Lead Investing Focus in Healthcare Financial Services
New York, September 15, 2022 – Lightyear Capital LLC ("Lightyear"), a New York-based private equity firm that partners with growth companies at the nexus of financial services, technology, healthcare, and business services, today announced that Michael Langer has joined the firm as a Managing Director and member of the firm's Investment Committee. Mr. Langer will be responsible for leading Lightyear's investments within the healthcare financial services sector.
"Lightyear has a long, successful track record of investing at the intersection of healthcare and financial services, including our exited investments in Alegeus, Datalot, Paradigm, and Therapy Brands. We are thrilled to have Michael join our team and further expand and strengthen our thematic investing in this increasingly important area," said Mark Vassallo, Managing Partner of Lightyear Capital.
Previously, Mr. Langer was a Partner at Five Arrows Capital Partners, where he focused exclusively on healthcare. He has over 20 years of private equity experience and over 15 years covering the healthcare sector. Mr. Langer has served as a member of the boards of directors of several companies throughout his career.
Prior to joining Five Arrows, Mr. Langer was a Partner at Diamond Castle Holdings and, before that, he worked at DLJ Merchant Banking Partners and Leonard Green & Partners. Mr. Langer holds a BS from Boston College and an MBA from The Wharton School of the University of Pennsylvania.
Mr. Langer stated, "Joining Lightyear is a terrific opportunity for me. Lightyear is an impressive firm with a great reputation, and we have an incredible opportunity to expand our role in the healthcare segment by building upon the success Lightyear has had in the space. I look forward to working with the team to help create long-term value in the sector."
Michal Petrzela, Managing Director at Lightyear Capital, who has been advancing Lightyear’s efforts in healthcare financial services, added, "We are delighted to have Michael join us. With over two decades of private equity experience and deep expertise in the healthcare sector, Michael will strengthen our team and add valuable perspectives as we continue to explore investment opportunities within this space."
About Lightyear Capital LLC
Lightyear Capital is a New York-based private equity firm that partners with growth companies at the nexus of financial services, technology, healthcare, and business services. For over 20 years, Lightyear has worked closely with management and leveraged its industry expertise, network of advisors, and operating resources to accelerate growth and build market leading businesses. As of December 31, 2021, the firm had assets under management of $4.9 billion. For more information, please visit www.lycap.com