HOUSTON, TX, January 9, 2015 – Capital Royalty L.P. announced today a corporate name change and rebranding of its firm to “CR Group” or “CRG.” The new name is intended to honor Capital Royalty’s heritage and reputation earned over the past decade while more accurately reflecting the growth and expansion of its business to encompass a broad range of structured debt and equity growth capital solutions to emerging healthcare companies.
“Our firm has experienced dramatic growth and investing momentum over the past five years, making CRG one of the most active investors driving innovation across the global healthcare ecosystem,” said Nate Hukill, President of CRG. “Today, CRG manages approximately $2.0 billion of capital, with investments being made in innovative healthcare market leaders around the globe. The CRG organization also has grown and expanded to include an outstanding team of 16 finance, operations and investment professionals. Furthermore, CRG is supported by a distinguished Strategic Advisory Committee and a dedicated worldwide network of prominent industry executives, researchers, consultants and practitioners whom CRG routinely taps on behalf of its investment portfolio.”
“For over a decade, CRG has built a market reputation as a nimble, first-mover associated with some of the most dramatic innovations in structured private credit solutions for enterprising healthcare companies. Today, CRG offers a full suite of customized growth capital solutions to both public and private healthcare companies that are developing next-generation products, technologies and services to address significant unmet medical needs.”
“The key to our long-term business success lies in our position as a trusted and valued long-term business partner to our companies by providing meaningful and measurable support that goes well beyond money. Our goal is to be the premier healthcare-focused investing partner of choice, known for innovative and tailored healthcare financing solutions, patient capital and strong collaboration,” Mr. Hukill concluded.
In connection with the rebrand, CRG has launched a new website to reflect the firm’s expanded business strategy. For additional information, please visit crglp.com.
Founded in 2003, CRG (previously known as Capital Royalty L.P.) is a healthcare-focused investment firm with approximately $2.0 billion of assets under management that provides capital to healthcare companies primarily through structured debt and senior secured loans. CRG works across the spectrum of life science products and technologies and targets investment sizes ranging between $20 million and $200 million. The firm partners with commercial-stage healthcare companies to provide flexible financing solutions so they can achieve their growth objectives. CRG is headquartered in Houston, Texas and has offices in Boulder, Colorado and New York City.
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