SEATTLE– Frazier Healthcare Partners, a leading private equity and venture capital firm focused exclusively on the healthcare industry, is pleased to announce the promotion of Andy Caine to the new role of Chief Operating Officer/Partner for the Center of Excellence Team. Andy joined Frazier’s Growth Buyout Team in the spring of 2018 as the Partner leading our Human Capital efforts. More recently, he added to his responsibilities all aspects of the firm’s industry-leading ESG and DEIA efforts. During his tenure with the firm, he oversaw the scaling of the Human Capital team and was directly involved with the growth of the Center of Excellence group from three to seventeen team members today. He brings expertise in organization and human capital management, focusing on pre-investment organizational due diligence, talent assessment and development, and post-acquisition management for Frazier’s Growth Buyout portfolio companies.
In his new role, Andy will manage and lead Frazier’s internally dedicated Center of Excellence (COE) team that provides Fortune 500 talent in support of our portfolio companies, including in the areas of Human Capital, Information Technology, Artificial Intelligence, Data Analytics, Revenue Cycle, M&A Integration, Finance, Legal, and Operations. Ben Magnano, Frazier Managing Partner, said, “As the firm continues to invest in the breadth and depth of this team, it became clear that Andy was particularly well-suited for this role, and we are proud to have him at the helm of such an important component of our differentiated strategy.”
Additionally, and related to the growth of this team, we are proud to announce the hiring of two new Partners in the Center of Excellence: Jeff Schwaneke, Partner Finance & Operations, and Michael Miraflores, Partner Mergers & Acquisitions. Jeff and Michael are both experienced professionals and fantastic cultural fits, and we could not be more thrilled to have them as part of our team.
“I am excited to continue to build our firm’s Center of Excellence capabilities. Since I joined the firm four years ago, we have expanded from three functional areas of expertise to eight, with more to come,” said Mr. Caine. “Frazier is fortunate to have such a talented, collaborative group of professionals who enjoy supporting our management teams and helping them drive value creation.”
About Andy Caine: Mr. Caine, an expert in organization and human capital management, focuses on pre-investment organizational due diligence, talent assessment and development, and post-acquisition management for Frazier’s Growth Buyout portfolio companies. Over his 20-year professional career, Mr. Caine has led and advised a myriad of high-growth organizations and is an expert in helping private equity-backed companies scale. In total, he has conducted over 500 talent evaluations, coached over 200 leaders, and assessed over 150 organizations. Prior to Frazier, Mr. Caine was a Partner at Green Peak, where he helped shape and lead their organizational due diligence practice. Before Green Peak, he was Organization Practice Expert at McKinsey & Company, where he became the first in that practice to win the Marvin Bower Award for Innovation on two separate occasions. Mr. Caine began his professional career as an Aviation Officer in the US Army, where he served as an attack helicopter platoon leader and company commander, flying over 700 combat flight hours in Operation Iraqi Freedom. He was awarded the Bronze Star Medal and Combat Action Badge, finishing his service by teaching leadership at the United States Military Academy (West Point).
