Formation Capital

Formation Capital is a private investment firm specializing in senior living and care, focusing on real estate and healthcare investments. Founded in 1999, the firm has invested over $2 billion in equity and currently manages approximately $2.9 billion in assets. Formation Capital provides flexible capital solutions to address the complexities of senior housing, healthcare services, and related technologies. The firm partners with quality operators to deliver personalized care and lifestyle options for seniors while aiming to generate solid returns for investors. With a reputation for innovation, Formation Capital leverages its deep industry expertise to create value in an evolving senior living landscape. The firm's investment strategy encompasses growth, late-stage, and buyout stages, primarily within the United States. Their portfolio spans industries such as senior housing, healthcare, real estate, and technology, with investment sizes ranging from $50 million to $500 million. Formation Capital's approach combines operational complexity, asset management, and structured finance to deliver value to both residents and investors. The firm's leadership includes founder and Executive Chairman Arnold Whitman, who has strategically led Formation Capital in its growth and execution of over $8.5 billion in transactions. Under his guidance, the firm has developed a reputation for creative, flexible capital solutions tailored to the specialized nature of senior healthcare. Formation Capital's commitment to innovation and value creation is evident in its partnerships with industry-leading operators, healthcare specialists, and healthcare innovation entrepreneurs, integrating operational and clinical advisory services to enhance the quality of care and financial outcomes for residents. The firm's deep expertise in real estate, operations, healthcare, quality of life, and technology uniquely positions it to create value both socially and economically in the senior living sector. By continually adapting to the evolving healthcare landscape, Formation Capital remains a leading investor in senior living and care, dedicated to improving the lives of seniors and delivering solid returns for its investors.