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Newlight Partners Makes Significant Equity Investment in Zing Health

May 18, 2020over 5 years ago
New York

Description

Newlight Partners LP (“Newlight”), a private investment firm, announced today that its affiliates have made a significant equity investment in Zing Health Holdings, Inc. (“Zing Health”), a physician-led Medicare Advantage HMO plan designed for Medicare-eligible beneficiaries.

Company Information

Company

Newlight Partners

Location

New York, New York, United States

About

Newlight Partners LP is a private investment firm focused on collaborating with management teams and strategic investors to build unique, durable businesses, predominantly in North America. For more than 15 years, the Newlight team has helped build successful enterprises in five sectors, including financial services, telecommunications, power and renewable energy, healthcare services and business services. Led by David Wassong and Ravi Yadav, the Newlight team has invested approximately $6 billion in over 100 investments since 2005, first as the Strategic Investments Group at Soros Fund Management LLC (Soros), and now as Newlight after the team's spin out from Soros in 2018. Newlight has approximately $4 billion in capital commitments and assets under management.