Key Takeaways
- • Alan J. Patricof, legendary venture capitalist and co-founder of Apax Partners and Greycroft (managing $3 billion as of 2022), has joined CaringKind's Board of Directors, bringing five decades of investment expertise focused on aging and longevity.
- • Patricof's appointment aligns with demographic urgency: by 2030, every baby boomer will reach age 65 or older, the age of greatest Alzheimer's risk, positioning dementia care as a defining investment and social need of the decade.
- • Since co-founding Primetime Partners in 2020, Patricof has concentrated his venture capital work exclusively on companies serving older adults, creating natural strategic alignment with CaringKind's mission to expand dementia care services beyond the New York City region.
- • CaringKind, the leading expert on Alzheimer's and dementia care since 1978, raised $1.5 million at its 29th Annual Forget-Me-Not Gala in June 2025, with Patricof receiving tributes for his long-standing dedication to Alzheimer's causes.
- • Patricof's historical investment portfolio includes backing of transformational technology companies including Apple Computer, America Online, Office Depot, Cadence Systems, and Venmo, demonstrating sustained pattern of identifying high-impact investment opportunities across decades.
Summary
The timing of Patricof's board appointment carries significant demographic weight. By 2030, every baby boomer will reach age 65 or older—the threshold of greatest Alzheimer's risk—making expert dementia care and family support services among the defining societal needs of the coming decade. CaringKind CEO Eleonora Tornatore-Mikesh emphasized that Patricof's "judgment, network, and conviction that aging deserves serious investment will strengthen everything we do," particularly as the organization reaches an inflection point in geographic expansion beyond the greater New York City area.
Patricof brings a five-decade track record of venture capital success to the role. He founded Alan Patricof Associates in 1969, later established Patricof & Co. Ventures (which became Apax Partners, now a leading global private equity firm), and founded Greycroft in 2006, which had grown to $3 billion under management by 2022. His historical portfolio includes early investments in transformational technology companies—Apple Computer, America Online, Office Depot, Cadence Systems, Cellular Communications, FORE Systems, IntraLinks, and Venmo—demonstrating sustained pattern recognition of high-impact opportunities.
Patricof's personal commitment to Alzheimer's causes runs deep. His late wife, Susan Hatkoff (married 1970–2021), passed away from Alzheimer's disease, catalyzing his dedication to advancing care and advocacy in the space. The organization honored him with tributes at CaringKind's 29th Annual Forget-Me-Not Gala in June 2025, an event that raised $1.5 million to fund Alzheimer's and dementia caregiving programs across New York.
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