JRG Partners, a premier executive search firm specializing in placing top-tier talent, has been exclusively retained by a dynamic and high-performing growth equity firm to identify an exceptional Operating Partner for their Healthcare practice. Our client is a market-leading investment firm with a multi-billion dollar fund, renowned for its collaborative approach and deep sector expertise.
They focus on partnering with innovative, high-growth companies in the middle market, providing both capital and strategic resources to accelerate growth and build lasting value. This is a unique opportunity to join a distinguished team in Raleigh, NC, and play a pivotal role in shaping the future of their healthcare portfolio.
The firm’s culture is built on a foundation of intellectual curiosity, rigorous analysis, and a commitment to true partnership. They seek an Operating Partner who not only possesses a world-class operational toolkit but also shares their passion for building great companies and fostering innovation within the complex and rapidly evolving healthcare landscape. You will be a key member of the firm, working hand-in-hand with investment professionals and the leadership teams of portfolio companies to execute on ambitious value creation plans.
Role Overview for Operating Partner, Healthcare with a Growth Equity Firm – Raleigh, NC
The Operating Partner, Healthcare will serve as a strategic and operational leader, dedicated to maximizing the value of the firm’s healthcare portfolio companies. This is not a traditional consulting role; it is a hands-on, high-impact position that requires a blend of C-suite leadership experience, deep healthcare industry knowledge, and a private equity mindset. You will be responsible for driving operational excellence, strategic growth, and transformational change across a diverse set of healthcare businesses, which may include healthcare IT, provider services, life sciences technology, and managed care.
Working closely with the deal team from the late stages of due diligence through to a successful exit, you will be the firm’s primary resource for operational strategy and execution. Your primary objective is to act as a trusted advisor and mentor to portfolio company CEOs and their management teams, helping them to navigate challenges, capitalize on opportunities, and achieve their full potential. You will be instrumental in developing and implementing strategic initiatives, improving key business processes, and building high-performance teams. This role requires a leader who can seamlessly transition between boardroom strategy and in-the-weeds operational problem-solving, ultimately driving superior returns for the firm’s investors.
Key Responsibilities of Operating Partner, Healthcare with a Growth Equity Firm – Raleigh, NC
Operational Due Diligence
Collaborate with the investment team to conduct thorough operational, commercial, and strategic due diligence on potential acquisitions. Identify key risks, opportunities for improvement, and potential synergies.
Value Creation Plan (VCP) Development
Lead the development of comprehensive 100-day plans and long-term VCPs for newly acquired portfolio companies. These plans will outline clear, actionable initiatives tied to specific financial and operational KPIs.
Portfolio Company Engagement
Act as a primary operational resource for portfolio companies. This includes serving on boards of directors, chairing specific committees, and providing hands-on support to management teams on an as-needed basis.
Performance Improvement
Drive significant improvements in portfolio company performance across all functional areas, including sales and marketing effectiveness, pricing strategy, product development, operational efficiency, supply chain management, and financial controls.
Leadership & Talent Development
Mentor and coach CEOs and senior executives. Assist in recruiting key C-level talent and building world-class management teams and organizational structures capable of scaling effectively.
Strategic Guidance
Provide expert guidance on corporate strategy, market positioning, M&A integration, and new market entry. Help companies stay ahead of emerging healthcare growth equity trends and regulatory changes.
Exit Preparedness
Work with the investment team and company management to strategically prepare businesses for a successful exit, whether through a strategic sale or an initial public offering (IPO), ensuring value is maximized.
Firm & Network Contribution
Leverage your extensive network to source proprietary deal flow, identify potential executive talent, and establish strategic partnerships for the firm and its portfolio companies. Contribute to the firm’s thought leadership and investment thesis development in the healthcare sector.
Requirements for the Operating Partner, Healthcare with a Growth Equity Firm – Raleigh, NC
Executive Leadership Experience
A minimum of 15-20 years of progressive professional experience, including a significant tenure in a C-level operating role (e.g., CEO, COO, President) within a successful, high-growth healthcare company.
Deep Industry Expertise
Verifiable, deep domain expertise in one or more sub-sectors of the healthcare industry, such as digital health, healthcare services, medical devices, or healthcare information technology.
Proven Value Creation Track Record
A demonstrated history of driving substantial and measurable value creation. Must be able to articulate specific examples of scaling businesses, driving revenue growth, expanding margins, and leading successful strategic initiatives.
Private Equity Acumen
Prior experience working directly for, or in close partnership with, a private equity or growth equity firm is strongly preferred. A thorough understanding of the private equity investment lifecycle is essential.
Financial & Analytical Skills
Strong financial literacy is required. Must be comfortable analyzing financial statements, building models, and using data to drive decision-making and measure performance.
Exceptional Interpersonal Skills
World-class communication, influencing, and relationship-building skills. The ability to establish credibility and trust with CEOs, investment professionals, and board members is paramount.
Strategic Mindset
The ability to think strategically at a high level while also being willing and able to dive into tactical details to solve problems and drive execution.
Education
An undergraduate degree from a top-tier institution is required. An MBA or other relevant advanced degree is highly preferred.
Location & Travel
Must be willing to be based in the Raleigh, NC area and travel frequently to portfolio company locations as required.
Benefits & Perks Offered
Our client offers a highly competitive and compelling compensation and benefits package designed to attract and retain top-tier talent. This includes:
Competitive Compensation
A lucrative package including a substantial base salary, an annual performance-based bonus, and a significant carried interest component, providing direct participation in the success of the fund.
Comprehensive Health Coverage
Premium health, dental, and vision insurance plans for you and your eligible dependents.
Retirement Savings
A robust 401(k) retirement plan with a generous company match.
Generous Paid Time Off
A flexible and generous paid time off (PTO) policy, in addition to company-paid holidays.
Professional Development
A commitment to continuous learning with support for professional development, industry conferences, and continuing education.
Impactful Work
A unique opportunity to make a lasting impact on a portfolio of innovative healthcare companies and contribute to the growth and success of a leading investment firm.
How to Apply
JRG Partners is the exclusive search firm for this Operating Partner, Healthcare position. To be considered for this confidential opportunity, please submit your resume and a cover letter detailing your relevant experience and qualifications. We encourage all interested and qualified candidates to apply promptly. You can learn more about our expertise in this sector by visiting our Private Equity Recruiting practice area page.
JRG Partners and our client are Equal Opportunity Employers. We celebrate diversity and are committed to creating an inclusive environment for all employees. All employment is decided on the basis of qualifications, merit, and business need.
