Specialty investment bank Ziegler and Link•Age Ventures, a venture firm focused on investing in leading companies that provide products, services and technology to the long-term care industry, have formed the Ziegler Link•Age Fund III.
The latest fund will target equity and equity-like, usually minority, investments in early to mid-stage, emerging-growth companies. Targets will operate in or develop businesses focused on aging and related care. Key investment themes will include, but are not limited to: workforce solutions, emerging managed care models, patient and provider engagement solutions, coordination of care, and telehealth, including telemedicine, virtual care and
remote monitoring, Ziegler said.
With the population of older adults who require care continuing to grow amid a decreasing number of eligible caregivers, Ziegler and Link•Age said they see the marketplace for technologies and tech-enabled service solutions to address the health, care and wellness of the aging population as
crucial.
“While many things have slowed in the market and elsewhere of late, one area that continues to increase is the demand for longevity services and technology to improve the quality of life for older adults,” said John Hopper, the fund’s chief investment officer. “We are excited to play a role in funding the high growth innovators providing solutions.”
Ziegler President and CEO Dan Hermann added that the firm is committed to driving increased society and community benefits, and greater awareness of technologies and services that will advance successful aging.
“Our goals are aligned with those of our limited partners — to positively impact the lives of seniors and improve the healthcare experience,” he said. “The investments we make advance solutions for older adults by supporting development of new technologies and services, streamlining evaluation and adoption of emerging technologies among senior living and care providers, and fostering connections. As these companies grow and scale, they build the tools and technology senior living providers and older adults need to support healthy aging.”
From the September 2022 Issue of McKnight's Long-Term Care News
