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Alternative Assets  + Private Equity  |  June 1, 2023
Former Rite Aid, Acadia CEOs Join Vessey Street Advisory Board
By: Joe Palmisano

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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Inside The Story

Vessey Street Capital Partners

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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