FT. LAUDERDALE, Fla., Oct. 7, 2011 (GLOBE NEWSWIRE) -- John Mattera, chairman of the board and managing director of XEN IX Capital Ltd., announces Shailesh Gupta, MD, MBA, FACS onto its Board Directors in the Division of Life Sciences. Dr. Gupta's training as an academic Vitreo-retinal surgeon and background managing healthcare organizations and advising international companies expanding into the healthcare sector will serve XEN IX Capital Ltd. well as it vets potential investments in the Life Sciences arena.
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"The life sciences sector is a recognized area of rapid growth particularly in the fasted growing economic markets of the world. Innovative healthcare solutions, and advances in biotechnology combined with rapidly expanding and aging middle classes are some of the powerful trends leading to year over year double digit growth rates in Life Sciences in India, China, and South America. I am looking forward to working with The Board to take advantage of this emerging opportunity," said Dr. Gupta.
XEN IX Capital Ltd.'s investment criteria are streamlined and effective. They seek extraordinary teams, groundbreaking technologies, and competitive initial product and market success.
"Dr. Gupta's expertise comes from his dual overlapping background in clinical and academic medicine as well as operational, management, and fiscal experience in the business of national and international healthcare. His expansive view of life sciences fits in perfectly in our quest for a bigger piece of this rapidly growing pie," said XEN IX Capital Ltd.'s Managing Director, John Mattera.
About XEN IX Capital Ltd.
XEN IX Capital Ltd. is a private equity firm combining the disciplines of traditional private equity, venture capital, and related debt and lending strategies to provide business-building solutions to growing firms across nearly all industries. As one of the world's most agile investment teams, we have the ability to use our operational, investment, and market experience to provide a one stop solution for management teams at any point in their company's life cycle. Our vision is global; our partners international, our companies succeed.
For more information, please visit www.xenixcapital.com
About John Mattera:
John Mattera is the Chairman and CEO of The Mattera Reserve, Inc., a worldwide private equity firm with investments in 23 countries. Together with The Mattera Reserve partners, the company has backed many of the world's best entrepreneurial leaders. Mr. Mattera is also Managing Director of XEN IX Capital, Ltd., a private investment firm combining the disciplines of traditional private equity, venture capital and related debt and lending strategies to provide business building solutions to growing firms across nearly all industries. The Mattera Reserve, Inc. and Xen IX Capital, Ltd. utilize the private funds of John Mattera to make their investments.
