New York City-based private equity firm HealthpointCapital named former device company executive Mike Mogul the new managing director.
Here are five things to know:
1. In his new role, Mr. Mogul will be responsible for raising HealthpointCapital's new fund focused on the musculoskeletal sector.
2. Mr. Mogul has experience as CEO of DJO Global and president of Stryker Corp. He grew DJO global into a $1 billion firm to include both operative and non-operative orthopedic devices.
3. HealthpointCapital currently has $800 million under investment. The new fund it's raising will continue to target innovative emerging businesses as well as established companies to provide investment and mentorship.
4. Mr. Mogul spent 22 years at Stryker before joining DJO Global and served as managing director of the company's segments in Germany, Austria and Switzerland.