Quadria Capital raises $412m for Asia healthcare fund
11-Jun-15, AsiaOne Business
Singapore-based private equity firm Quadria Capital has raised US$304 million (S$412 million) for healthcare investments in Asia.
%20Quadria%20Capital_AsiaOne%20Business.jpg "Quadria Capital raises 412m for Asia healthcare fund (c) Quadria Capital AsiaOne Business")
Image: Quadria Capital / AsiaOne Business
It announced yesterday that the fund - its third investment vehicle - will be channelled towards "high-quality and scalable mid-sized healthcare companies" that can cater to the masses at affordable prices. These include businesses with a focus on hospital services and pharmaceuticals.
Managing partner Abrar Mir told reporters at an interview that two-thirds of the fund will be used for investments in South-east Asia, while the remaining one-third will go to investments in South Asia.