Quadria Capital has raised 304 million US dollars for healthcare investments in Asia with a strong support from premier investors and institutions with healthcare expertise.
Quadria Capital is one of Asia’s largest healthcare private equity groups.
The Singapore-and India based private equity firm is focused on making equity investments in high quality and scalable mid-sized healthcare companies in South and Southeast Asia.
The fund has already completed two investments, in Medica Synergie which is the largest hospital network in eastern India, and SOHO Global Health, one of the largest pharmaceutical manufacturing and
distribution businesses in Indonesia.
Quadria Capital’s Managing Partner Dr Amit Varma expressed his happiness at the several premier institutions entrusting their capital with Quadria.
“We are very pleased that several premier institutions with deep healthcare experience have entrusted their capital with us. This underscores their confidence in our knowledge and skills in assessing
the sector and in sourcing deals with outperformance potential,” he said.
“There is rising demand in Asia for quality healthcare products and services, driven by an ageing population, affluence and changing disease patterns. We see exciting opportunities for Quadria Capital as
we position our Fund to serve the needs of the region for quality healthcare and our investors for exceptional returns,” he added.
Meanwhile, Varma’s colleague Abrar Mir said that Quadria Capital was focused to achieve superior returns for their investors.
“We thank our investors who have been our partners since launch, and welcome our new investors. We remain focused and driven to achieve our mission of producing superior returns for our investors and to make positive developmental impact on local communities,” he said.
Countries in Asia represent over 30 percent of world’s population and 40 percent of the world’s disease burden, yet spend less than five percent of their GDP on healthcare.
By 2020, total healthcare spend in Asia is expected to surpass 3 trillion US dollars, higher than that of the US and Europe today.
Quadria Capital’s investors include leading asset managers, development finance institutions, institutional investors, healthcare groups, and family offices from US, Europe, Asia and the Middle East.