Rafael Torres, former head of healthcare investing for industrial and power technology producer General Electric’s GE Ventures unit, has joined US-based investment firm Altaris Capital Partners as a managing director.
Torres was previously operating partner at Altaris having joined in May 2021 after the sale of New York-listed oncology technology provider Varian Medical Systems, where he had been head of corporate development and strategy, to Siemens Healthineers for $16.4bn.
Before joining Varian in 2015, Torres spent 14 years at General Electric, where he led the healthcare investing teams at GE Ventures and sister unit GE Equity. Since its inception in 2003, Altaris has invested in more than 45 healthcare companies and manages $6bn in assets.
