Lightyear Capital, a New York-based private equity firm partnering with growth firms across financial services, technology, healthcare, and business services sectors, has added Michael Langer as a managing director and member of the firm’s investment committee.

In his new role, Langer will be responsible for leading the firm’s healthcare financial services sector investments. Prior to joining Lightyear, Langer served as a partner with Five Arrows Capital Partners where he focused on healthcare investments. Langer joins the firm with over 20 years of private equity experience.

“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,” says Mark Vassallo, managing partner of Lightyear Capital. “We are thrilled to have Michael join our team and further expand and strengthen our thematic investing in this increasingly important area.”

“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,” says Langer. “I look forward to working with the team to help create long-term value in the sector.”