Bain Capital enters China

 16-Mar-16, Deal Street Asia

Bain Capital LLC is is acquiring a controlling stake in the China-focused hospital operator Asia Pacific Medical Group (APMG), in the first deal for the private-equity firm’s new Asia fund.

Image: Bain Capital LLC

Currently, Boston-based Bain Capital maintains $75 billion in assets under management (AUM) across a range of asset classes, which includes private equity, venture capital, public equity and credit products.

Established in 1992, APMG provides a range of primary care and specialty services, with a focus on neurology and oncology. According to a release from Bain Capital, APMG introduced the first Gamma Knife machine to China and has since built a portfolio of five hospitals and clinics in China, Singapore and Malaysia, while also partnering with leading hospitals in China to provide medical, research and technology services.

 Read the full article  

 Elsevier APAC Healthcare Update