Team


PRINCIPALS

Arnold Whitman
Chairman

Arnold Whitman is founder and Chairman of Formation Capital, a leading investment firm in Senior Care. Over the past 20 years, Arnie has strategically led Formation Capital in its growth and execution of over $8 Billion in transactions. Arnie is also a founding partner in Generator Ventures, a leading venture firm focused on the intersection of innovation and aging. He is also a partner with Aging 2.0, a global platform and community for innovators, providers, distributors, and investors focused on solutions for aging and seniors. Arnie is a former board member and Chairman emeritus of the National Investment Center for Seniors Housing and Care (NIC). He is a current board member of Genesis Healthcare, HC-One in the U.K., ASHA, Trident USA, Care Institute, Vynca, and Chronic Care Management, Inc.


Steve Fishman
President and Co-Chairman

Steve Fishman is Co-Founder, President and Co-Chairman of Formation Capital. Since Formation's inception in 1999, Steve has invested over $4 billion, comprising over 55,000 seniors housing beds, in senior housing and healthcare services companies. As President, he leads Formation's deal origination and fundraising efforts. In April 2011, Steve led the sale of the real estate assets of Genesis HealthCare to Health Care REIT for $2.4 billion.

Steve has been active in the healthcare and real estate industries for over 30 years. Prior to founding Formation Capital, he spent 20 years as a CPA serving the health care and real estate industries.

Steve graduated with a BS in Accounting from Drexel University.


Brian Beckwith
Chief Executive Officer

Brian Beckwith has been active in healthcare mergers, acquisitions, investing and lending for the past 19 years in the United States and Europe. Since Brian joined Formation Capital as CEO in 2011, the firm has expanded its investment strategy to include new private equity investments in service companies for post-acute care, launched a mezzanine debt platform, and continued to invest equity in healthcare real estate, investing approximately $4.5 billion in total.

Before joining Formation, Brian led the lending and investing efforts for healthcare real estate and senior housing for GE Capital, where he also oversaw $7 billion in loans and investments. Prior to that role, from 2005 through 2008, he led the risk team and then the entire healthcare lending and investing operations for GE Capital in Europe. Based in London, he invested in healthcare real estate, provided senior debt to private equity sponsored healthcare services companies, and provided equipment leasing throughout Europe. Additionally, Brian led new deal underwriting and portfolio management for GE Capital’s domestic healthcare lending operations from 1998. Prior to joining GE Capital, he spent 6 years with an Atlanta-based valuation consulting firm with a focus on healthcare and with Delta Air Lines’ Capital Markets group.

Brian serves, or has served, on the boards of the American Senior Housing Association (ASHA), the National Investment Center for the Senior Housing and Care Industry (NIC), and the Alumni Board of the Terry College of Business at the University of Georgia. He is an active speaker for ASHA, NIC and many other industry organizations.

Mr. Beckwith is a graduate of the University of Georgia (BBA) and Georgia State University (MBA).