Persistence Capital Partners

General contacts

Investor type

Founded

2007

AUM

$273 M

Location

Toronto, Ontario, Canada

Investment Ticket

$5-10 m

Investment Stage

Series B Late Stage (Series C+)

Region of investment

North America

Investor profile last updated: 16 August, 2026

Profile

Persistence Capital Partners is a private equity firm based in Canada, founded by Dr. Sheldon Elman. The firm focuses exclusively on high-growth opportunities in the healthcare sector. Their team consists of operators and financial experts with more than 30 years of experience in investing in and managing healthcare businesses in Canada. They guide portfolio companies through complex regulatory frameworks and market dynamics.

They invest in entrepreneur-driven, growth-and-service oriented healthcare businesses, acquiring private companies, supporting management buy-outs, and providing growth capital. The firm is active mostly within Canada and has developed partnerships with leading Canadian institutional investors, financial institutions, and high-net-worth individuals.

Notable investments include Anova Fertility & Reproductive Health - IVF laboratory, Neighbourly Pharmacy - network of pharmacies, LMC - network of diabetes clinics, and MedSpa Partners - medspas and dermatology clinics. Persistence Capital Partners collaborates closely with portfolio companies, providing strategic direction and support during various financial transactions.

Industry

HealthTech Pharmaceuticals Medical Devices Biotechnology Consumer Services (B2C) Healthcare Services Fashion/Beauty Real Estate Telecommunications

Persistence Capital Partners Funds

Name	Type	Industry	Stage	Region	Size	AUM	Launch date
PCP MSP II, L.P.	Private Equity (PE)	Fashion/Beauty Healthcare Services Medical Devices Real Estate	Series B Late Stage (Series C+)	North America Europe	$5-10 m	$273 M	November 2023
Persistence Capital Partners II	Private Equity (PE)	Healthcare Services Consumer Services (B2C) Biotechnology Medical Devices Pharmaceuticals Telecommunications HealthTech	Series B Late Stage (Series C+)	North America	$1-5 m	—	January 2013

Contacts

Name

Title

Social Networks

Stuart Elman Managing Partner

Managing Partner

s•••@•••

Dr. Sheldon Elman Founding Partner

Founding Partner

s•••@•••

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[email protected]

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Investment-team contacts for Persistence Capital Partners — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Persistence Capital Partners

Is Persistence Capital Partners a venture capital or private equity firm?

Persistence Capital Partners is a private equity firm. It backs companies at Series B and Late Stage (Series C+), writing tickets of $5-10 m.

Where is Persistence Capital Partners located?

Persistence Capital Partners is located in Toronto, Ontario, Canada.

When was Persistence Capital Partners founded?

Persistence Capital Partners was founded in 2007.

What sectors and industries does Persistence Capital Partners invest in?

Persistence Capital Partners invests in companies and startups in HealthTech, Pharmaceuticals, Medical Devices, Biotechnology, Consumer Services (B2C), Healthcare Services, Fashion/Beauty, Real Estate, Telecommunications.

What is Persistence Capital Partners geographical focus of investments?

Persistence Capital Partners invests in companies and startups in North America.

At what stages of companies and startups does Persistence Capital Partners typically invest in?

Persistence Capital Partners invests in companies and startups at Series B, Late Stage (Series C+).

What is the usual amount of Persistence Capital Partners investment?

Persistence Capital Partners usually invests $5-10 m on average.

What is the amount of assets of under management (AUM) for Persistence Capital Partners?

Persistence Capital Partners has around $273m assets under management.

When was Persistence Capital Partners last fund created?

Persistence Capital Partners last fund was created/launched in 2023-11-09

What are the contacts of Persistence Capital Partners?

Persistence Capital Partners can be reached through its website persistencecapital.com and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Persistence Capital Partners — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Persistence Capital Partners data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Persistence Capital Partners directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Persistence Capital Partners profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.