The firm

A Houston-based partnership built on operating experience and long relationships.

Overview

Celesium Capital is a private equity firm headquartered in Houston, Texas. We invest in a small number of platforms across healthcare, technology, commercial real estate, and private credit, and we hold them for cycles, not quarters.

The firm was founded on a simple conviction: that the best operators are served by capital partners who bring operating judgment, governance discipline, and patience — and who stay in the seat long enough to make a difference.

We are deliberately selective. In any given year we evaluate many opportunities and engage on only a few.

Leadership

The firm is led by three Managing Directors who work together on every investment and every platform.

Marty Hill, JD
Managing Director
Marty has practiced commercial law for more than thirty years and serves as the legal, governance, and risk anchor of the firm. He is a named partner at Pagel, Davis & Hill, P.C., a Houston business law firm where he leads the litigation practice and has counseled boards, founders, and closely held companies since 1992. He has served as outside general counsel and director-level advisor to operating businesses across a broad range of industries. At Celesium, he brings that operating-counsel discipline to how the firm structures investments, governs platforms, and manages risk on behalf of its partners.
Phillip Phan, MD
Managing Director
Phillip leads investment activity and platform oversight at Celesium, with particular focus on healthcare, technology, and commercial real estate. He has spent the better part of two decades operating at the intersection of private capital and healthcare leadership, previously as Managing Director of a Houston-based family office and earlier as a member of the faculty at Baylor College of Medicine and the University of Texas MD Anderson Cancer Center. Over the course of his career he has served on the boards and as chairman of numerous operating companies, and currently chairs and oversees several of Celesium's portfolio platforms. His work centers on backing operators, supporting sustainable growth, and building the kind of teams that drive durable change in their industries.
Jonathan Ramirez
Managing Director
Jonathan leads operations and portfolio management at Celesium, with responsibility for how the firm executes across its platforms day to day. He previously served as Managing Director of a large regional family office, where he oversaw direct investments and operating company management across retail, commercial real estate, technology, and energy. He brings a builder's perspective to the operating challenges Celesium's businesses face, with an emphasis on the unglamorous work that compounds — disciplined execution, hands-on management, and the systems that turn good businesses into durable ones.

The partners' work is supported by a small team of investment, operating, and administrative professionals based in Houston. Cumulatively, the firm represents more than sixty years of experience in business, finance, and investment.

How we work

Decisions on new investments, follow-on capital, and platform leadership are made by the Managing Directors directly. There is no investment committee separate from the people who will sit on the boards of the businesses we own.

It is a small partnership by design. The operators we back tell us the difference they feel most is access — to the people making decisions about their business, and to the legal, operating, and financial judgment that sits behind those decisions.

If you are an operator, an introducer, or a prospective partner with a reason to know us, we would welcome a conversation.