Van Spaendonck Leads JLL's Value Creation Team
Investor - People | Apr 17, 2025 | JLL Partners

JLL Partners, a New York-based private equity firm focused on healthcare, aerospace & defense, and business services sectors, has announced significant changes to its executive team to enhance its Value Creation initiatives. Gerard Van Spaendonck has been promoted to Head of Value Creation, while Raj Bhavsar and Tom Burke have been brought in as Chief Technology Officer and Operating Partner, respectively. These moves coincide with the firm's strategy to bolster its operational efficiency and technological innovation across its portfolio companies. Van Spaendonck will spearhead the deployment of resources and collaborate with various stakeholders to optimize portfolio performance. Bhavsar's role as CTO will focus on digital transformation, bringing rich experience from his tenure with healthcare technology firms like Sandata and ConnectYourCare. Burke, with extensive leadership experience in healthcare, will focus on driving operational improvements and executing growth strategies. Dan Agroskin, a Managing Partner at JLL, expresses confidence in these strategic appointments improving operational outcomes and fostering innovation.
Sectors
- Private Equity
- Healthcare Technology
- Business Services
Geography
- United States – JLL Partners is based in New York, and the mentioned individuals' previous roles suggest a focus in the United States.
Industry
- Private Equity – As the article centers around JLL Partners, a private equity firm, it fits within the Private Equity industry.
- Healthcare Technology – The article references Raj Bhavsar's background in healthcare technology, highlighting its relevance to JLL's portfolio companies and initiatives.
- Business Services – The article mentions JLL Partners' investment focus, including business services, indicating this as a relevant industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
JLL Partners | Private Equity Firm | Company | A middle-market private equity firm investing in healthcare, aerospace & defense, and business services sectors. |
Gerard Van Spaendonck | Head of Value Creation | Person | Previously an Operating Partner at JLL, now promoted to lead the firm's value creation efforts. |
Raj Bhavsar | Chief Technology Officer | Person | Brings extensive experience in healthcare technology to his new role overseeing technology initiatives at JLL. |
Tom Burke | Operating Partner | Person | An expert in operational leadership with previous CEO roles, focused on enhancing operational efficiencies at JLL. |