Value Added Financial Solutions for Growing Health Care Companies

TEAM

Daniel A. Brown
President, Creative Health Capital, LLC

Mr. Brown has over 20 years experience in the financial services industry, with the last 10 years specializing in Health Care. Prior to forming Creative Health Capital, he was a Managing Director in First Union Securities’ Health Care group based in Charlotte, North Carolina. Before joining First Union, he was Managing Director and Head of the Health Care Group for Bank of Montreal/Nesbitt Burns based in Chicago. He formed the U.S. Health Care Group at Bank of Montreal in 1991 and built it to a team of 8 professionals with over $2.5 Billion in loan commitments and annual earnings in excess of $13 Million at the time of his departure in 1999.

During his tenure at Bank of Montreal, Mr. Brown held several positions of increasing responsibility over an eighteen-year period. This included relationship management positions covering multi-national clients in both Canada and the United States, as well as management positions overseeing a Management Information Systems department and Corporate Finance and Lending training. These latter positions were consultative in nature and helped develop an ability to understand clients’ needs and determine optimal capital solutions. While responsible for the U.S. Health Care group, he not only contributed to the growth of the group, but also was instrumental in ensuring the Bank avoided the losses suffered by many other banks that became involved in the industry without a prudent lending philosophy.

Mr. Brown has originated and structured several complex transactions involving Bank Debt, Senior Notes, High Yield debt, Bridge Loans, Receivables Securitization, Mezzanine Debt, Private Equity placements and Synthetic Leases. His industry knowledge and ability to structure complex financial transactions has been instrumental in developing strong client relationships in a variety of Health Care sectors. In addition to strong relationships with leading Health Care companies, he has extensive relationships with lenders and institutional investors that specialize in the industry.

Aaron M. Kneas, CFA
Director, Creative Health Capital, LLC

Mr. Kneas has over eight years experience in the financial services industry, with all eight years being specialized in Health Care. Prior to joining Creative Health Capital in January 2003, he was an Associate in Wachovia's Health Care group based in Charlotte, North Carolina. Before joining Wachovia, he was an Analyst in the Health Care Group for Bank of Montreal/Nesbitt Burns based in Chicago. At both Bank of Montreal and Wachovia Mr. Kneas successfully completed the Associate training programs for recent MBA graduate students and later developed a Corporate Banking specific training program for new Associates at Wachovia.

During his tenure at Wachovia, Mr. Kneas was promoted to Associate within his first year and took on increasing responsibility over a three-year period. This included relationship management of health care clients, management of a team of Analysts, ongoing origination support and coordination, and financial analysis. With extensive knowledge of the various capital markets Mr. Kneas was successful identifying clients’ needs and determining an optimal capital structure.

Mr. Kneas has originated and structured several complex transactions involving Bank Debt, Senior Notes, High Yield debt, Convertible Securities, Mezzanine, Equity, Bridge Loans, and Receivables Securitization. His industry knowledge, financial analysis skills, and ability to understand complex financial transactions has been instrumental in developing his broad base of capital markets knowledge and strong client relationships in a variety of Health Care sectors. Mr. Kneas has a BA degree in Economics from DePauw University. He holds Series 7, and 63 Licenses and is a Chartered Financial Analyst (CFA).

Mark Spencer
Managing Director, Creative Health Capital, LLC

25 years financing experience, formerly co head of syndication at Bank of Montreal