Clayton Associates announced today the addition of Jim Fitzgerald, founder and former president of HealthTrust Purchasing Group, as senior advisor.

Fitzgerald (pictured) led Brentwood-based HPG from its formation in 1999 until his retirement in May 2012 (read more here). He oversaw the financial and operational functions for HPG and also managed the contracting for suppliers, pharmaceuticals and capital equipment, totaling more than $20 billion annually.

Fitzgerald, who will be joining as fellow senior advisor Larry Kloess (a former HCA TriStar president), also once held several positions with HCA. He offers more than 30 years of experience in the health care industry.

"Jim brings a unique skill set and perspective that make him an excellent enhancement to our team – and a great asset to our entrepreneurs," Stuart McWhorter, Clayton Associates chairman and president, said in a release. "The entrepreneurial community is fortunate to have a healthcare executive as talented as Jim, who is willing to share his knowledge and experience with others."

Clayton Associates provides equity capital for early-stage companies in the Southeast.