In Seon Hwang
In Seon Hwang is a Managing Partner and Co-Founder of Ascend Partners. Prior to founding Ascend, Mr. Hwang was the global head of the Healthcare Group and member of the Executive Management Group at Warburg Pincus, a New York-based private equity firm that has invested more than $80 billion, including more than $12 billion in healthcare companies. He has invested approximately $5 billion of equity capital across approximately 40 companies and has served on approximately 30 boards of directors. His notable deal experience includes CityMD, Modernizing Medicine, Alignment Healthcare, Outset Medical, SOC Telemed, Targa Resources (NYSE: TRGP), Navitas Midstream, Zenith Energy, Competitive Power Ventures, and APT Power. Prior to joining Warburg Pincus, Mr. Hwang worked at GSC Partners, Goldman Sachs, and the Boston Consulting Group. Mr. Hwang serves on the boards of the Institute for Translational Medicine and Therapeutics at the School of Medicine of the University of Pennsylvania, The Gillen Brewer School, and Hope for New York. He currently serves on the boards of Essen, ilumed, Medical Specialists of the Palm Beaches and CareAbout.
Mr. Hwang received a B.S. in Economics from the Wharton School of the University of Pennsylvania and an M.B.A. from Harvard Business School.
Dr. Richard Park
Dr. Richard Park is a Managing Partner and Co-Founder of Ascend Partners. Dr. Park is the founder and former CEO of CityMD, a leading urgent care company that treats more than 4.4 million patients annually across its 180+ locations in New York and New Jersey. Under his leadership, CityMD grew successfully from a single-site startup medical office in 2010 to almost $500 million in revenues in 2019 through de novo site openings and medical practice acquisitions. Dr. Park is a board-certified emergency medicine physician with deep healthcare operating experience, and is a successful serial entrepreneur and investor who has worked with companies from conceptualization through execution and multiple exits. Prior to founding CityMD in 2010, Dr. Park was an Attending Physician in the Emergency Department at Long Island Jewish Medical Center. As a physician educator, he served as Associate Program Director and was voted Teaching Attending of the Year by the residents in 2003, 2004, 2005, and 2006. Dr. Park is a co-editor of McGraw Hill’s Intensive Review of Emergency Medicine. He also serves on the boards of Essen Health Care, Rendr, and CareAbout, and Dr. Park serves as an observer on the board of Elation Health. Dr. Park also serves on the Compliance and Compensation Committees of CareAbout.
Dr. Park received a B.S. in Economics from the Wharton School of the University of Pennsylvania and an M.D. from Albert Einstein College of Medicine.