Council Capital Elevates Three Key Leaders to Partner LevelBack
Nashville, TN – November 30, 2023 – Council Capital today announced the internal promotion of two team members, Tim Schulte and Jason Shafer, to the position of “Partner” and the hiring of Kevin Fahey as a new Partner. These three appointments reflect the firm’s commitment to recognizing and rewarding its talent and strengthening its leadership team. The firm is eager to build upon its historical track record of investing in and scaling healthcare services and technology businesses.
Tim Schulte has been with Council Capital for almost 5 years and has led the firm’s efforts to build its portfolio value creation capabilities. Tim and his team primarily focus on partnering with Council Capital’s portfolio companies to ensure that the businesses are effectively supported and well-positioned for success. Prior to Council Capital, Tim worked as a member of the value creation team at Vista Equity Partners; as an early team member at AVIA, a healthcare technology services provider; and as a member of the healthcare strategy team at Accenture.
Jason Shafer joined the firm at the beginning of the year and has healthcare industry experience as both an operator and as an investor. Since joining, he has led Council Capital’s efforts to invest in provider solutions businesses. Before joining Council Capital, Jason worked as the Chief Financial Officer & Chief Development Officer at EyeSouth Partners where he was the first c-suite hire and helped grow the business from 1 practice in a single state to 35 practices in 10 states, resulting in the successful sale to Olympus Partners; as a Partner at HCP & Company where he sourced, led transactions and successfully realized multiple investments in behavioral, post-acute and multi-site home & clinic based healthcare businesses; and as an investment professional and board member in a variety of other roles.
Kevin Fahey brings to the firm his experience in healthcare investing and an understanding of strategic operations, given his track record as both an investor and an operator. Through his execution of over 30 investments as an operator and investor, he has demonstrated success in sourcing, evaluating, governance, and exiting investments that yield positive impacts on both investor returns and the lives of the customers they serve. Previously, Kevin served as a Managing Director of Bluff Point Associates, where he led all healthcare, managed IT, and managed security service provider (MSSP) investments deploying over $125M in capital across ten platform investments. In addition, Kevin has served as CFO, COO, and GM of multiple high growth healthcare and FinTech businesses, two of which grew from start-up through IPO. Along the way, he has worked with some of the top PE and VC firms in the industry including Francisco Partners, Menlo Ventures, and Highland Capital Partners.
“We are incredibly proud to promote Tim Schulte and Jason Shafer to Partner,” said Grant Jackson, Managing Partner of Council Capital. “They are highly talented and experienced professionals who have had considerable career success to date and are well positioned to make significant contributions to our firm’s success through the differentiated portfolio value creation capabilities that Tim has built, and Jason’s extensive deal execution experience coupled with his operations experience. We are also excited to welcome Kevin Fahey to the partnership. His mix of operating and investing experience and success positions him as a valuable addition to our team at Council Capital as well as to the businesses in which we invest.”
These promotions and new hire underscore Council Capital’s commitment to building a world-class team of investment and portfolio value creation professionals. The firm is excited to continue to grow and expand its portfolio of successful healthcare investments in the years to come.
About Council Capital
Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee. The firm has a 20+ year track record and manages $350M+ of committed capital. Council Capital invests in lower middle market healthcare-related companies where it believes it can drive growth by applying its Council Model, which draws upon the resources and experience of its CEO Council (experienced industry executives), Strategic Healthcare Investors, and Value Creation Team. Council Capital leverages its Council Model to attract and support leading management teams and portfolio companies on the ‘right side’ of change in the healthcare industry – where growth will accelerate as cost pressure and quality demands increase. Council Capital targets control and minority investments with enterprise values typically between $10 million and $100 million. For more details, please visit www.councilcapital.com.