Singapore fund to invest $750 million in health business

11 months ago 174

CHENNAI: Singapore-based private equity firm

Quadria Capital

will

invest

$1.5 billion in the

healthcare sector

in south and southeast Asian countries over the next three years. Of this, 50% will be invested in India.Sunil Thakur, partner and head

South Asia

at Quadria Capital said, the investments will be made across the healthcare segments such as hospitals, diagnostics, pharma, medical devices and healthcare financing. "We are evaluating 8-10 companies at any point of time across all the segments for investments and out of this, investments will be made in six or seven companies. In the coming years, we are looking at investing around $1.5 billion over the next two to three years. It will be equally split between south Asia and

southeast Asia

," he told TOI on Sunday. He was speaking on the sidelines of a panel discussion on 'investments, healthcare financing & private equity funding that will shape the future of healthcare' organised as part of the conference on Future of Medicine here.

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