The Morning Leverage

The Morning Leverage: Summoning a Norse God to Invest in Health-Care

By David Smagalla

Eir Partners, set up by a former executive of Great Point Partners, is the latest to join the ranks of health-care investors, Amy Or reports for this morning’s LBO Wire.

Brett Carlson, most recently a principal at Greenwich, Conn.-based health-care investor Great Point, launched Eir Partners, a New York-based health care-focused investment firm, in October. The firm is named after the goddess of healing in Norse mythology and reflects Mr. Carlson’s Scandinavian heritage.

For its first deal, Eir advised New Mountain Capital in its acquisition of Great Point Partners’ Equian LLC and Abry Partners’ Trover Solutions Inc. to form a payment integrity and cost-containment platform for the health-care and property and casualty insurance industries. Eir also took a minority stake in the merged entity.

Mr. Carlson said that Eir, which doesn’t have a fund currently, invests in a wide spectrum of health-care deals, including services and medical devices, but noted that his focus now is on health-care technology.

Write to David Smagalla at david.smagalla@wsj.com