# Formation Capital

Formation Capital is an Asset Manager based in Atlanta, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** 3550 Lenox Road NE, FL 21 #6345, Atlanta, GA 30326, United States
- **Founded:** 1999
- **Assets under management:** $2.9 billion (per the firm, 2024)
- **Website:** formationcapital.com
- **LinkedIn:** https://www.linkedin.com/company/formation-capital

## Regulatory record

- **Reports private funds:** No

## About

Formation Capital is a leading private equity investment firm with dedicated healthcare industry professionals in seniors care private equity investing.

## Sectors

- Senior Living & Care
- Real Estate
- Healthcare Services
- Private Credit

## People

- Arnold Whitman — Executive Chairman
- David Russ — CEO
- Scott Hamner — Chief Investment Officer
- Chris Bennett — Managing Director
- Michael Durmont — Chief Financial Officer

## 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.

### 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.

## Related profiles

- [Forest Partners](https://altss.com/profile/forest-partners)
- [Formentera Partners](https://altss.com/profile/formentera-partners)

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Last updated: 2026-06-03T20:00:00.000Z

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