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Formation Capital
Formation Capital is a leading private equity investment firm with dedicated healthcare industry professionals in seniors care private equity investing.
Formation Capital
Formation Capital is a leading private equity investment firm with dedicated healthcare industry professionals in seniors care private equity investing.
General information
Firm type
Generalist
Year founded
1999
AUM
$2.9 billion (per the firm, 2024)
Location
Region
North America
Country
United States
City
Atlanta
Corporate office
3550 Lenox Road NE, FL 21 #6345, Atlanta, GA 30326, United States
Principals
Arnold Whitman
Executive Chairman
David Russ
CEO
Scott Hamner
Chief Investment Officer
Chris Bennett
Managing Director
Michael Durmont
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Formation Capital?
Scott Hamner serves as Chief Investment Officer, overseeing investment origination, underwriting and asset management. Executive Chairman Arnold Whitman, who founded the firm in 1999, is still involved in strategic direction. CEO David Russ leads the firm overall, and Managing Director Chris Bennett is part of the senior investment team.
Is Formation Capital a single-family office or a private equity firm?
Formation Capital is a private equity investment firm and asset manager, not a family office. It raises capital from external limited partners and focuses entirely on senior living and care investments. The firm's website identifies it as a private investment firm managing $2.9 billion in assets.
What asset classes does Formation Capital invest in?
The firm invests in senior housing real estate, healthcare services and technology solutions for aging populations. Its strategy spans buyouts, growth equity and restructuring deals within those categories. The common link is that every investment serves the senior living and care ecosystem.
Does Formation Capital make fund commitments or only direct deals?
The firm's public materials do not describe making fund commitments to third-party managers. Its stated approach is to invest directly into real estate, services and technology companies, often partnering with operators to build and optimize senior-housing properties and related businesses.
Where is Formation Capital's capital deployed geographically?
Formation Capital invests across the United States. The firm does not publish a breakdown of its portfolio by state or region, but its senior-housing and care investments are shaped by national demographic trends rather than a single local market.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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