Altaris Appoints Phil Smith as Operating Partner
New York, NY—Altaris Capital Partners, LLC (collectively with its affiliates, “Altaris”) is pleased to announce the appointment of Phil Smith as an Operating Partner. Mr. Smith brings a broad range of experience across the healthcare industry and will leverage his expertise to support Altaris’ investment and portfolio company development activities. Mr. Smith is Chairman of the board of Intricon and a board member of Trean.
Mr. Smith has over 30 years of board, strategic advisory and operational leadership experience in the healthcare industry, predominantly with medical device companies. Previously, Mr. Smith was a managing director at investment banking firms Kroll (formerly Duff & Phelps), BMO Capital Markets (formerly Greene Holcomb Fisher) and Piper Jaffray, where he advised healthcare clients and executed mergers, acquisitions and corporate finance transactions. Prior to his investment banking career, Mr. Smith held various executive leadership positions at several medical technology companies, including as President and CEO of Angeion Corporation, a global medical technology company focused on cardiorespiratory health solutions and DGIMED Ortho, an orthopedic trauma technology company. Mr. Smith also served as an Executive Vice President of Vital Images, a global medical imaging software company. Mr. Smith received a BS in Electrical Engineering from the University of Florida and an MBA from The Wharton School at the University of Pennsylvania.
Altaris is a healthcare investment firm with an exclusive focus on building companies that deliver value to the healthcare system through innovation and efficiency. Since inception in 2003, Altaris has invested in more than 45 healthcare companies which have generated significant value appreciation for investors. Altaris is headquartered in New York City and manages $5.0 billion of equity capital. For more information, please visit www.altariscap.com.