Private equity firm is betting big on Asia healthcare
11-Jul-17, CNBC
Singapore-based private equity firm Quadria Capital is growing in Vietnam and expanding its holdings in Singapore as it looks to grow its influence in Asia's trillion-dollar health care space.
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"Health care is going through a huge amount of change," Abrar Mir, Quadria Capital co-founder and managing partner said. "Total health care spending in Asia today stands at about $1.3 trillion. By 2030, that's going to grow to about $4.3 trillion, so it's a very compelling investment case, growing at about 15 percent per annum," he added.
Quadria closed two multi-million dollar deals in June 2017, the latest being a move into Franco-Vietnamese Hospital (FV Hospital) in Vietnam.