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Rick co-founded HEP after serving as a Senior Advisor to CBHV’s two funds. He has been active in the private equity business since 1970. He was a General Partner of Welsh, Carson, Anderson & Stowe from April 1979, shortly after the firm’s formation, until December 1998. From 1999 until 2005, Richard was also a Senior Advisor to Capital Counsel, LLC, a firm now managing approximately $2 billion in marketable securities. From 1970 to 1979, he was a principal of New Court Securities Corporation (now Rothschild Inc.), a large private equity firm at the time. Rick is a trustee of Auburn Theological Seminary and a trustee emeritus of Bowdoin College, where he served as Chairman of the Investment Committee from 2001 to 2004. He is also a member of Harvard Business School’s Healthcare Initiative Advisory Board and Harvard School of Public Health’s Health Policy and Management Executive Council, and a former member of Harvard Business School’s Board of Dean’s Advisors. He is a director of HealthTech (CBHF II), Behavioral Centers of America Holdings and ContinuumRx (HEP), and HMS Holdings Corp. (NASDAQ: HMSY)
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