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TriZetto Group
The TriZetto Group is the family office of healthcare IT entrepreneur Jeff Margolis, investing in healthcare and enterprise software from Newport Beach.
TriZetto Group
Jeff Margolis founded the TriZetto Group in 1997 as a healthcare technology company, growing it into a leading provider of practice management and revenue cycle software. The company was acquired by Cognizant Technology Solutions in 2014 for $2.7 billion. The family office formed from the sale proceeds manages capital for the Margolis family and has operated as a direct investment vehicle since. The firm invests across multiple asset classes including private credit, venture capital, and direct equity in healthcare IT and enterprise software. Known portfolio positions include co-investments in healthcare SaaS platforms and secondary purchases of healthcare technology company stakes. The office targets growth-stage and buyout opportunities in its core healthcare vertical, as well as opportunistic deployments in broader technology. TriZetto Group maintains offices in Newport Beach, Cambridge (Massachusetts), and Denver. The investment team is led by CIO Scott R. B. Gray. Beyond direct investing, the office has been active in providing structured credit to healthcare technology companies. In 2023, the firm closed a direct credit deal with a healthcare analytics provider (per public sources). What distinguishes TriZetto from other family offices tied to a single fortune is the healthcare domain expertise embedded in its investment process. The office uses the operating experience from the original TriZetto business to evaluate technology risk and regulatory pathways in healthcare investments — a structural advantage that shapes deal selection and underwriting.
General information
Firm type
Single Family Office
Year founded
1997
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Newport Beach
Corporate office
Newport Beach, CA, United States
Additional offices
Cambridge, MA · Denver, CO
Principals
Jeff Margolis
Founder
Scott R. B. Gray
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at TriZetto Group?
Scott R. B. Gray serves as Chief Investment Officer, leading the investment team and executing the firm's direct investment and private credit strategy. Founder Jeff Margolis remains involved in strategic decisions (per public records).
How does TriZetto Group source proprietary deal flow?
The office sources deals through its network of healthcare industry relationships built from the original TriZetto operating company. It also co-invests alongside established private equity firms and maintains direct relationships with healthcare technology founders.
Is TriZetto Group structured as a single family office or does it operate more like a venture firm?
It operates as a single family office for the Margolis family. Unlike a venture firm, it does not raise external capital from limited partners and makes all deployment decisions internally.
What investment stages does TriZetto Group typically target?
The firm targets growth-stage and buyout opportunities, with a focus on healthcare IT and enterprise software. It also provides structured credit to healthcare technology companies, indicating broad stage flexibility.
Which sectors does TriZetto Group invest in?
Healthcare IT and enterprise software are the core sectors. The office also makes opportunistic investments in private credit, healthcare services, and adjacent technology verticals.
Where does the underlying wealth come from?
The wealth originated from the 2014 sale of TriZetto Group to Cognizant Technology Solutions for $2.7 billion. The original company was a leading provider of healthcare revenue cycle management and practice management software.
Does TriZetto Group maintain philanthropic structures?
The Margolis family is active in philanthropy through separate foundations, but TriZetto Group as an investment entity does not publicly disclose specific philanthropic vehicles.
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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