Profile

The Vistria Group is building a new kind of private investment firm that seeks to deliver both financial returns and societal impact. It invests in essential industries like healthcare, knowledge and learning, financial services and real estate that deliver value for investors as well as communities, employees, and consumers. With over $10 billion in AUM, The Vistria Group works as a true partner with its portfolio companies, drawing on its deep sector knowledge, operational expertise, unique network, diverse team, and impact orientation to achieve transformational growth.

www.vistria.com

Awards

2024 Top 25 Healthcare Investors, David Schuppan

2023 Top Private Equity Firms

2023 Top 25 Healthcare Investors, David Schuppan

2022 Top 25 Healthcare Investors, David Schuppan

Key People

Kip Kirkpatrick

Co-Founder, Co-CEO and Co-Chairman of The Vistria Group. Kip drives overall firm strategy with his keen investment and growth insights. Before his tenure at Vistria, Kip co-founded private equity firms One Equity Partners and Water Street Healthcare Partners and also served as the CEO of United Shore Financial Services LLC. He is deeply involved in academia and philanthropy, serving on various boards, including Northwestern University and Rush University Medical Center, Supplemental Health Care, Medulla, Alcami Corporation, BioCare, Media Source Inc. Kip and his wife Sara are also co-founders of the Seed to Read Foundation, dedicated to supporting classroom reading resources.

Martin Nesbitt

Co-Founder, Co-CEO and Co-Chairman of The Vistria Group. Martin is the visionary behind the firm’s impact strategy and is integral to fund development and strategy. He is the former President and CEO of The Parking Spot, an owner and operator of off-airport parking facilities. Prior to launching the Parking Spot, Nesbitt was an officer of the Pritzker Realty Group and an Equity Vice President and Investment Manager at LaSalle Partners. He currently serves on the board of directors of CenterPoint Energy, American Airlines Group, Chewy, Inc, CareMetx, and Help at Home. He is a long-time civic leader, serving on the boards of the Barack Obama Foundation, Chicago Museum of Contemporary Art and RFK Human Rights Foundation.

David Schuppan

Senior Partner and Co-Head of Healthcare at The Vistria Group. David’s experience has accelerated the firm’s home health strategy. Previously, he was a Founder and Partner of Cressy & Company, a healthcare provider and technology focused private equity firm. David is currently a Director of Help at Home, Homefree Pharmacy Services, Medalogix, Mission Healthcare, PantheRx, tango (fka PHCN), Sevita (2x), Rock Dental Brands and VitalCaring Group.

Phil Alphonse

Senior Partner and Co-Founder of The Vistria Group. Phil co-leads Vistria’s Knowledge and Learning Solutions practice. Prior to joining The Vistria Group, he served as a Principal at a private equity fund where he focused on investments in education companies. Phil currently serves on the board of directors of Really Great Reading, ESS, Edmentum, and MSI Information Services. Civically, he is a board member for the University of Chicago Medical Center, P33 Chicago, Window to the World Communications, Inc. (Chicago’s PBS Affiliate) and Innovation for Equity.

Margaret Anadu

Senior Partner at The Vistria Group. Margaret leads the firm’s Real Estate practice. She is widely recognized as one of the foremost experts on equitable access to capital and as an influential figure in U.S. commercial real estate. Prior to joining The Vistria Group, Margaret was a Partner at Goldman Sachs where she served as the Global Head of Sustainability and Impact for Asset Management and Chair of the Urban Investment Group (GSUIG), the first impact investing platform at a major U.S. financial institution. Anadu currently serves as the Chair of the Board of Directors of the New York City Economic Development Corporation, as well as serving on the boards of the Low Income Investment Fund, the Center for an Urban Future, Smithsonian National Portrait Gallery, Planned Parenthood Federation of America, and the Africa Center.

Funds Raised

Key Investments

Penn Foster, Inc.: Exited 4/30/2018
Sector: Knowledge & Learning Solutions

Accredited, affordable online high school, college and career programs offered in a pay-as-you-go model.

St. Croix Hospice Exired 10/30/2020
Sector: Healthcare

Provider of quality hospice services for those with life-limiting illness and their families.

Agape Care: Exited 10/14/2020
Sector: Healthcare

Provider of quality hospice services for families and those with life-limiting illnesses.

Higher Education: Exited 4/12/2019
Sector: Knowledge & Learning Solutions

An industry-leading Ed Tech company, powering the largest marketplace of high-intent prospective students in the US.

FullBloom: Exited 12/15/2021
Sector: Knowledge & Learning Solutions

Provider of supplemental education and behavioral health services for children with special needs.

Supplemental Healthcare: Invested 11/18/2021
Sector: Healthcare

Provider of outsourced healthcare staffing and staffing management solutions to a broad range of hospitals, non-acute healthcare providers, schools, government services and other healthcare organizations.

The Mather Group: Invested 3/31/2022
Sector: Financial Services

A fee-only independent registered investment advisor (“RIA”) that offers comprehensive financial planning, investment management, tax planning & preparation, estate planning, and family office services to individuals.

Sandstone Care: Invested 6/28/2022
Sector: Healthcare

An adolescent & young adult treatment program for individuals struggling with mental health, substance use, and co-occurring disorders.

Capital Responsibility

The Vistria Group believes that incorporating ESG factors enhances the quality, outcomes, and performance of its portfolio companies and its team. From the initial stages of identifying investment opportunities to the value creation plans, impact is a fundamental aspect in all stages of an investment.

For each portfolio company, The Vistria Group designs a thoughtful management plan that leverages technology and data insights to help it measure and report on each portfolio companies’ impact annually. Working closely with management teams, the firm’s focus also extends to achieving diversity at all levels of the workforce by incorporating robust DEI plans and incentive programs, including the requirement of having female and minority board members account for at least 25% of the entire board.

Across its internal operations, The Vistria Group continues to champion diversity, often saying that “DEI is in our DNA.” Beyond the moral implications, the Firm firmly believes that diverse perspectives provide a competitive advantage in achieving exceptional financial outcomes for its stakeholders.