Overview
Healthcare Partners, LP (MBFHP) and MBF Healthcare Partners II, LP (MBFHPII) (collectively the “Funds”), both
Delaware limited partnerships.
Miguel B. Fernandez (“Mr. Fernandez”) founded MBFHMII in April 2016 along with Marcio C. Cabrera and Jorge
L. Rico, (collectively the “Principals”). Mr. Fernandez is the principal owner of MBFHMII and controls the firm.
MBF Healthcare Advisors I, L.P., a Delaware limited partnership, serves as the general partner of MBFHP
(“General Partner”). MBF Healthcare Advisors II, L.P., a Delaware limited partnership, serves as the general
partner of MBFHPII (“General Partner II” and the General Partner, together, the “General Partners”). The
General Partners and MBFHMII are related parties under common control.
MBF Family Investments, Ltd. (“MBF Family”), is a majority owner of MBFHP and MBFHPII. Mr. Fernandez owns
100% of MBF Holdings, Inc., the general partner of MBF Family, and therefore controls MBF Family.
appreciation by making privately negotiated investments in healthcare-related entities. These services are only
provided to the Funds.
Written Acknowledgement of Fiduciary Status
When we provide investment advice to you regarding your retirement plan account
or individual retirement
account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or
the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make
money creates some conflicts with your interests, so we operate under a special rule that requires us to act in
your best interest and not put our interest ahead of yours. Under this special rule’s provisions, we must:
• Meet a professional standard of care when making investment recommendations (give prudent
advice);
• Never put our financial interests ahead of yours when making recommendations (give loyal
advice);
• Avoid misleading statements about conflicts of interest, fees, and investments;
• Follow policies and procedures designed to ensure that we give advice that is in your best
interest;
• Charge no more than is reasonable for our services; and
• Give you basic information about conflicts of interest.
needs of investors in the Funds nor accepts investor-imposed investment restrictions.
from the Funds, on a discretionary basis. MBFHMII does not manage any client assets on a non-discretionary
basis.