Formation Capital

Private Equity Investment Firm

Formation Capital is a private investment firm focused on senior living and care, with 22 years of investing experience, $2 billion equity invested, and $2.9 billion current assets under management. The firm was founded in 1999 and specializes in leveraging its expertise across real estate, operations, healthcare, quality of life, and technology to create value. Formation Capital seeks to source attractive opportunities, execute complex investment structures, align partner incentives, mitigate investment risk, and generate value through real estate and operationally oriented strategies to achieve superior risk-adjusted returns. Key team members include David Russ (CEO), Cory Bennett (Managing Director), and Joe McDurmont (CFO). The firm partners with leading operators and companies in the healthcare sector to enhance the lives of seniors.

Firm Investment Focus

Investment Stages

Pre-Seed

Focus Areas

Life Sciences & Healthcare
Real Estate & Construction
Recent Activity

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