Thursday, July 31, 2008


Fred Nazem is an entrepreneur, venture capitalist, and philanthropist.
In the late 1970s he founded Nazem and Company, which has managed seven private venture capital funds and a joint venture, the Transatlantic Venture Fund in partnership with Banque National de Paris. Over the past four decades he has started, financed or guided more than three hundred cutting edge enterprises that have defined new fields in high technology and healthcare. Some of these companies have become multi-billion dollar enterprises. The most recent venture Mr. Nazem has founded is Flagship Global Healthcare, where he is Chairman and CEO. Flagship is a membership-based healthcare delivery system that provides its members with priority access to renowned physician specialists globally.

Mr. Nazem is also known for his work as a turnaround specialist. As Chairman of Oxford Health Plans, he led the reorganization and successful turnaround of the company when it experienced operational and financial difficulties in 1997. Oxford was sold to United Health Group in 2004 for $5 billion. Mr. Nazem also led the turnaround of one of ’s most prominent family fortunes, taking it from near bankruptcy to being highly ranked on the Forbes 400 list of the wealthiest people in the world. He has been managing private wealth for three decades and currently is the Managing Partner of Hedgeworth Capital, a private hedge fund he founded in 2003.

No comments: