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Alternative Assets  + Private Equity  | 
Former Rite Aid, Acadia CEOs Join Vessey Street Advisory Board

Former Rite Aid, Acadia CEOs Join Vessey Street Advisory Board 

Vesey Street Capital Partners added Heyward Donigan and Debbie Osteen to its strategic advisory board.

Donigan, a former Rite Aid CEO, has held executive roles at Cigna Healthcare and General Electric. Osten, a former CEO of Acadia Healthcare, brings over 38 years of senior leadership experience.  

The duo will help guide investments at Vesey Street, a Denver, CO.-based private equity firm focused on buyouts of lower middle market healthcare service companies. 

“With the recently completed first close for our sophomore fund, we are poised to aggressively deploy capital in great businesses in the lower middle markets of Healthcare Services.  As such, we are adding two executives to our strategic advisory board who bring a wealth of industry expertise and success in leading Healthcare Services businesses,” said VSCP Founder and Managing Partner Adam Feinstein. 

Before joining Rite Aid, Donigan was president and CEO of Sapphire Digital, a designer and developer of omnichannel platforms that help consumers choose their healthcare providers. 

Prior to Acadia, Osteen spent 34 years at Universal Health Services and over a 20-year period she led the behavioral health division. 

Hear from industry leaders in alternative assets like Capital Innovations Founder, CEO, CIO, and ADISA President Michael Underhill. Connect with top executives in private credit, real estate and more at the Connect Money: Alternative Assets Conference in Chicago on June 14 at the W City Center. 

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About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.