Cain Brothers & Company, the health care investment banking firm, has announced that Jill Frew has joined the firm as a senior member of its Corporate Finance Group based in New York City.

Ms. Frew joins Cain Brothers as a Managing Director serving clients across the health care services and medical products industries. Prior to joining Cain Brothers, Ms. Frew co-founded and led a North Carolina-based boutique health care investment banking firm, Townsend Frew & Co., for nine years. That firm was acquired in 2004 by Edgeview Partners, where she continued to lead the health care group. Previously, Ms Frew worked as head of corporate development at a large health care services company, PhyAmerica, Inc. At Cain Brothers, Ms. Frew will focus on advising the senior managements and Boards of public and private health care companies on mergers and acquisitions as well as raising private equity and debt capital.

In announcing Ms. Frew’s hiring, Rob Fraiman, Cain Brothers’ Head of Corporate Finance, said “We are delighted that Jill has joined our growing corporate finance team. She comes to Cain Brothers with deep experience in the health care industry, proven investment banking skills, particularly in the boutique environment, and superior leadership qualities that will enhance Cain Brothers’ ability to add significant value to our clients. Jill has worked with clients across the health care industry with primary focuses in the provider, payor, pharma services, and HCIT sectors. She also has excellent relationships in the private equity and venture capital community, which will strengthen our penetration in this vitally important sector.”

Ms. Frew said, “I am excited to join Cain Brothers with its longstanding, highly regarded reputation for providing objective and creative advice in both M&A and capital raising engagements for health care industry clients. Cain Brothers’ deep knowledge base, strategic orientation toward its clients, and responsiveness to changes in market and industry conditions is a perfect fit for me. I am looking forward to leveraging my background and experience with that of my new Cain Brothers colleagues to help the firm expand its relationships and better serve its clients.”

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Cain Brothers is an investment banking firm that focuses exclusively on the health care industry. Its clients include providers, payors, medical device and equipment companies, information technology companies, and providers of outsourcing solutions to the health care industry. The firm has one of the largest teams of experienced bankers and traders on Wall Street dedicated to the health care industry. Operating out of offices in New York, Chicago, Houston, Indianapolis, San Francisco, and Sarasota, Cain Brothers creates custom-tailored, market-based solutions for the many strategic, financial, and operating challenges facing its clients. Cain Brothers’ venture capital affiliates, Health Enterprise Partners and CB Health Ventures, invest capital in fast-growing health care service and information technology companies.

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Contacts:

Rob Fraiman
212-981-6947
rfraiman@cainbrothers.com

Jill Frew
212-981-6916
jfrew@cainbrothers.com

Jim Vaughan
212-981-6929
jvaughan@cainbrothers.com