Oxford founder seeks $125M to buy out Darien company

The founder of Oxford Health Plans L.L.C. is attempting to raise $125 million to purchase a health-care company.
In May, Stephen Wiggins co-founded Golden Pond Healthcare, and the company filed in mid-July for an initial public offering of stock. Such “blank check” offerings give filers two years to acquire a company or return IPO proceeds to investors.
Golden Pond is operating in a temporary office in Darien while it seeks a permanent headquarters.
Wiggins was CEO of Trumbull-based Oxford Health Plans for 14 years ending in 1998; in the mid-1990s he drew among the top compensation packages in the health insurance industry, drawing the ire of New York state regulators who asked the company to restrict his severance package.
Wiggins also been CEO of Norwalk-based HealthMarket Inc., and today is an operating partner with Essex Woodlands Health Ventures, a venture capital firm with a New York City office.
Golden Pond”™s vice chairman is Robert Dahl Jr., who previously led health-care investments for The Carlyle Group, a prominent private equity investment firm based in Washington, D.C.
Golden Pond”™s board includes Frank Young, a former commissioner with the U.S. Food and Drug Administration.