TPG sees Asia health, finance opportunities
17-Mar-17, Bloomberg
TPG, the US alternative-investment firm that oversees more than USD74 bn, sees opportunities in healthcare and microlending in Asia to meet untapped demand in some of the world’s fastest-growing economies.
%20Bloomberg.jpg "TPG sees Asia health finance opportunities (c) Bloomberg")
Image: Bloomberg
The region is short of quality health-care infrastructure, said Jim Coulter, TPG’s co-founder and co-chief executive officer, at a private equity forum in Mumbai. In India, industries are undergoing a lot of change, and private equity has a "massive role” to play in working through that, Coulter said.
TPG’s Asian investment arm manages about USD6 bn in assets, including stakes in the United Family Healthcare chain of high-end Chinese hospitals. Companies in the region were involved in a record USD255 bn of private equity transactions in 2016, up from USD193 bn in 2015.