Patient Square Capital, a health care investment firm, had hired Karr Narula as founding partner. Prior to joining Patient Square, Narula spent 13 years at KKR, where he was a partner and head of KKR’s portfolio operations team (KKR Capstone) in the Americas. At Patient Square, Narula will oversee the firm’s transformation and growth team.
“The health care industry is early in a period of accelerating change, during which innovation and transformation will be the keys to unlocking outsized growth for companies, delivering for investors, and driving improved health outcomes for patients,” said managing partner Jim Momtazee. “Karr and I have worked together for 13 years, and I know first-hand the extent of his health care network, his deep industry expertise, and the profound impact that he can deliver to company operations.”
“I’ve spent the bulk of my career bringing an operator’s perspective to health care investment decisions and then working on the ground, side-by-side with best-in-class management teams to drive transformational change,” said Narula. “The inefficiency of the health care industry presents unprecedented opportunity for specialized and operationally-minded investors to strengthen companies and fundamentally improve quality of life for patients. As the son of a physician and a nurse, I couldn’t be prouder to help build Patient Square Capital in partnership with a team whose mission and values are so aligned with mine.”