VALCON CAPITAL PARTNERS
Asset-Backed Investment Platform Focused on Healthcare & Real Assets
Valcon Capital Partners deploys disciplined capital into essential healthcare equipment and infrastructure across Latin America, with a focus on asset-backed strategies and structured finance.
What We Do
A Platform for Asset-Backed Strategies
Valcon Capital Partners is built to deploy capital across asset-backed strategies in healthcare and real assets, focusing on essential-use infrastructure and disciplined structuring. We operate as a platform — not a single fund — with a current active strategy in equipment finance and a defined roadmap for expansion across adjacent asset classes.
Current Focus
Equipment Finance
Providing financing for diagnostic imaging and essential healthcare equipment across Latin America through Valcon Equipment Finance.
Expanding
Infrastructure & Real Assets
Targeting healthcare-related facilities and asset-backed infrastructure with long-duration capital structures.
Expanding
Acquisition-Linked Capital
Supporting consolidation and growth transactions in healthcare platforms across the region.
Expanding
Structured Private Credit
Flexible capital solutions tailored to asset quality, cash flow visibility, and operator profile.
Market Opportunity
A Structural Gap in Healthcare Financing
Latin America carries strong and growing demand for healthcare services. Yet a significant share of operators — from independent imaging centers to multi-site clinical groups — lack access to efficient, purpose-built financing for essential equipment and infrastructure. Traditional lenders impose restrictive terms, elevated rates, or collateral structures that constrain growth rather than enable it.
This gap creates a durable opportunity for a specialized platform that understands healthcare operations, asset value, structured financing, and the complexity of operating across the region.
Essential-Use Assets
Diagnostic and clinical equipment with clear utility, defined residual value, and consistent cash flow generation.
Underserved Operators
Clinic owners and healthcare groups with proven operations but limited access to institutional-grade capital.
Asset-Backed Downside
Collateral structures grounded in real asset value — not projections — providing durable protection across cycles.
Fragmented Market
A regional landscape with no dominant specialized lender, creating structural first-mover advantage for a disciplined platform.
Our Edge
Why Valcon Capital Partners
Valcon is built around five core pillars that distinguish it from generalist lenders and opportunistic capital providers. Each pillar reflects a deliberate choice about how to underwrite, structure, and deploy capital responsibly in a complex regional market.
Healthcare Understanding
Deep familiarity with healthcare operations, asset utilization cycles, and the economics of diagnostic and clinical infrastructure.
Asset-Backed Discipline
A consistent focus on essential-use assets with real collateral value — not cash flow projections or speculative growth assumptions.
Flexible Structuring
Tailored capital solutions designed around actual conditions — operator profile, asset type, jurisdiction, and cash flow visibility.
Regional Expertise
Built specifically for Latin America, with awareness of regulatory, currency, and operational complexity across multiple markets.
Platform Advantage
Connected to PanAm Clinics, providing proprietary operational insight, direct deal flow, and on-the-ground intelligence unavailable to outside lenders.
Ecosystem
A Differentiated Healthcare Ecosystem
Valcon Capital Partners does not operate in isolation. It functions as the capital arm of a broader, integrated healthcare ecosystem anchored by PanAm Clinics — a platform focused on acquiring, operating, and scaling diagnostic imaging centers across Latin America.
PanAm Clinics
Acquires, operates, and scales diagnostic imaging centers across Latin America. Provides Valcon with direct operational insight, asset intelligence, and a proprietary pipeline of financing opportunities.
Clinic acquisition & operations
Diagnostic imaging infrastructure
Regional market intelligence
Valcon Capital Partners
Finances equipment, infrastructure, and growth capital across healthcare and real assets. Leverages ecosystem relationships to source, underwrite, and structure transactions with proprietary insight.
Equipment & infrastructure finance
Structured private credit
Acquisition-linked capital
Together, these platforms combine operational expertise with disciplined capital deployment — creating a differentiated, integrated approach to healthcare growth that pure financial sponsors cannot replicate.
Capital Partners
For Investors
Valcon offers institutional and private capital partners a structured entry point into healthcare-linked, asset-backed private credit in Latin America — a market with strong fundamental demand, limited specialized competition, and real collateral underpinning every transaction.
Essential-Use Healthcare Assets
Capital deployed into diagnostic imaging and clinical equipment with defined utility, residual value, and operator dependency.
Asset-Backed Private Credit
Every transaction is anchored by real collateral — not projections. Structured to preserve downside protection across market cycles.
Proprietary Sourcing
Deal flow generated through the PanAm Clinics ecosystem, reducing reliance on broker channels and competitive auction processes.
Platform-Driven Strategy
A scalable investment platform with a current active strategy and a defined roadmap — not a one-time fund with a finite horizon.
Healthcare Operators
For Healthcare Operators
Valcon provides flexible, intelligent financing solutions for clinic owners, diagnostic imaging centers, and healthcare groups seeking to grow, upgrade, or optimize their asset base. Unlike traditional lenders, we understand the operational realities of healthcare — the equipment cycles, the cash flow structures, and the growth dynamics specific to this sector.
Equipment Financing
Finance new or replacement diagnostic and clinical equipment without disrupting working capital or core operations.
Facility Upgrades & Expansion
Access capital to upgrade existing facilities or expand into new locations with structured, asset-backed terms.
Acquisition Support
Capital solutions designed to support consolidation and strategic acquisitions within the healthcare sector.
Refinancing
Restructure existing obligations with more efficient, purpose-built terms that reflect actual asset value and cash flow.
Investment Philosophy
Disciplined by Structure
Every transaction at Valcon is evaluated through a consistent, multi-dimensional underwriting framework. We do not deploy capital based on optimistic projections or relationship convenience. Structure drives every decision.
Asset Relevance
Is the asset essential-use? Does it carry real collateral value independent of operator performance?
Operator Quality
Does the operator have a track record, operational discipline, and a credible business model?
Cash Flow Visibility
Is there identifiable, recurring revenue sufficient to service the obligation across realistic scenarios?
Collateral Protection
Are the collateral structures enforceable, appropriately documented, and recoverable in adverse conditions?
Alignment of Structure
Does the deal structure align incentives between Valcon, the operator, and any co-investors over the life of the transaction?
Leadership
Leadership
Dennis Korthouwer
Founder, Valcon Capital Partners & PanAm Clinics
Dennis Korthouwer is the founder of both Valcon Capital Partners and PanAm Clinics, operating at the intersection of capital markets and healthcare operations in Latin America. His work spans capital raising across institutional and private markets, transaction structuring, and the operational development of scalable healthcare infrastructure.
He has raised capital globally from family offices, private credit funds, and institutional investors, and has structured cross-border transactions that combine financial discipline with on-the-ground operational intelligence. His dual role across both platforms provides Valcon with a rare combination of investor perspective and healthcare operating experience — the foundation on which the platform's differentiated strategy is built.
Global Capital Raising
Transaction Structuring
Healthcare Platform Builder
Let's Start a Conversation
Whether you are evaluating an allocation to asset-backed healthcare credit in Latin America, or seeking intelligent financing for your clinical operations — we would welcome a direct, substantive conversation.
Investors & Capital Partners
Family offices, private credit funds, institutional investors, and HNWIs looking to access structured, asset-backed exposure to Latin American healthcare.
Healthcare Operators
Clinic owners, diagnostic imaging centers, and healthcare groups seeking efficient, purpose-built financing solutions from a partner that understands the sector.
Valcon Capital Partners · Asset-backed strategies in healthcare and real assets · Latin America
LinkedIn · contact@valconcapitalpartners.com