The GPP I and BMVF Funds

Headquartered in Connecticut, Great Point Partners is an investment management firm that specializes in the healthcare industry. Great Point Partners (GPP) was founded in 2003 and has invested in more than 100 healthcare businesses. 

The firm operates two separate divisions – one that focuses on private companies and one on public companies. 

Hedge funds are a limited partnership of investors that make investments. One type of hedge fund is the equity long/short hedge fund. Long/short hedge funds invest in the stock market buy buying and selling stocks.

Professional Physical Therapy Pursues Expansion in Connecticut

Established in 2003, Great Point Partners (GPP) has extensive equity capital under management in the health care investment sphere. Great Point Partners expanded its portfolio in early 2016 by announcing the acquisition of half a dozen clinics in Connecticut, where it is headquartered.

Professional Physical Therapy (ProPT), a GPP I portfolio company, acquired several Moore Physical Therapy & Fitness offices. This move was described as a way of broadening its offerings to include an expanded team of occupational and licensed physical therapists, as well as sports rehabilitation professionals. A core focus is on designing evidence-based treatment plans that comprehensively incorporate best practices.

The founder of Moore Physical Therapy & Fitness noted that after 25 years of running the company, he believed that this acquisition would benefit patients and staff and reinforce a “best-in-class” care commitment. The principal at GPP described partnership with the region’s largest outpatient physical therapy provider as bolstering the company’s presence throughout the tri-state market.