Thomas F. Frist III

Thomas F. Frist III was born circa 1968 in Nashville, Tennessee.[1] His father, Thomas F. Frist Jr., is a billionaire who served as the Chairman of HCA Healthcare.[2] His mother, Patricia C. Frist, served as a director of SunTrust Banks from 2000 to 2010.[3] His paternal grandfather, Thomas F. Frist Sr., was a co-founder of HCA.[2] His paternal uncle, Bill Frist, served as a Republican Senator for Tennessee from 1995 to 2007.

He graduated with an A.B. in religion from Princeton University in 1991 after completing a 84-page long senior thesis titled "Spiritual Awakenings: The Nashville Sit - Ins, 1960."[4][5] He received a master's degree in business administration from the Harvard Business School in 1997.[5]

Frist was a managing partner at FS Partner, an investment firm based in New York City.[1][2] He also worked for Rainwater, Inc., Richard Rainwater's investment firm, both in New York City and Fort Worth, Texas.[1]

Frist founded Frist Capital, another investment firm, in 1998.[5][6] He serves as its Managing Principal.[5][7] In January 2015, the firm invested US$100 million in Bulow Clinic Partners Group, a subsidiary of Bulow Holdings, an orthotic and prosthetic firm.[8] Meanwhile, the firm sold their investment in Tink's, a spray which attracts deer while deer hunting, to Arcus Hunting, another investment firm.[9]

Frist served on the board of directors of Triad Hospitals.[6] In 2009, he was appointed to the board of directors of Science Applications International Corporation (SAIC), now known as Leidos, a defense corporation.[6] He has served on the board of directors of the Hospital Corporation of America since 2006.[1]

Frist serves on the board of directors of the Frist Foundation.[7]

In 1998, Frist married Julie Damgard, a Goldman Sachs employee and the daughter of John Michael Damgard, who served as the President of the Futures Industry Association.[2] They have three children.[1] They reside in Belle Meade, Tennessee, near Nashville.[10]