Adam Holzhauer this week launched Master Ventures (MV), a purchaser of medical debt based in San Antonio, Texas.

Holzhauer formerly was senior vice president of business development for Premium Asset Recovery Corporation (PARC), an affiliate firm of Asset Acceptance Corporation.

Holzhauer said in a press release that MV “will purchase both medical and non-medical aged accounts receivable. We will also form alliances with collection agencies to fund portfolio purchases.”