Ascend

Ascend Partners is a private equity firm founded in 2019, dedicated to transforming healthcare delivery to underserved and vulnerable communities. The firm partners with entrepreneurs and companies focused on clinical success and community development, aiming to improve access, affordability, and quality of care for patients. Their approach emphasizes aligning patients, providers, and payors through technology and operational support.

Led by co-founders In Seon Hwang, former global head of Healthcare at Warburg Pincus, and Dr. Richard Park, founder and former CEO of CityMD, Ascend has raised significant capital, including $570 million in its inaugural fund. The firm has made multiple proprietary platform investments and continues to grow its team of investment professionals to support its mission-driven investment strategy.

Ascend Capital Partners also positions itself as a global builder and cross-border investor, backing early-stage disruptors in medtech and mobility sectors with potential to scale across Europe, Asia, and the U.S. They emphasize long-term partnerships with founders, providing strategic support to build lasting businesses and ecosystems that drive enduring impact.