New Delhi, 4 September 2013 – Quadria Capital, an Asian healthcare sector focused private equity group, today announced the first closing of its second fund, Quadria Capital Fund L.P. with total commitments of US$107 million. The fund is focused on making growth equity investments in high quality and scalable mid-sized healthcare companies in South and Southeast Asia.
The Fund’s investment strategy is focused on four key healthcare subsectors: Healthcare Delivery, Lifesciences, Medical Technology, and Associated Healthcare Services. The target region of the fund represents markets with rapidly increasing demand for higher quality private healthcare services, but challenged by a shortage of infrastructure and services.
Commenting on the first closing, Dr. Amit Varma, Managing Partner of Quadria Capital, shared, “We are very grateful to attract commitments by several high quality institutions with deep healthcare experience, including Development Finance Institutions, investment institutions, leading corporate investors, and family offices globally. We believe their support is a testament to a focused strategy and a team with deep healthcare experience ready to execute.”
Abrar Mir, Managing Partner of Quadria Capital, added, “We thank our first close investors for their support and are excited to contribute our investment and operating expertise to the development of the healthcare ecosystem in our target region of South and Southeast Asia. Our mission is to produce superior investment returns for our investors and to make positive developmental impact on local communities”
The Quadria Fund and platform are supported by Religare Global Asset Management (RGAM) as a cornerstone investor. RGAM is a US$15 billion alternative investment platform in a multi boutique format and includes sponsorship of Landmark Partners and Northgate Capital amongst others.
About Quadria Capital
Quadria Capital is an independent private equity group based in Singapore and New Delhi, targeting to raise US$300 million. The Fund aims to invest in the high growth healthcare sectors of some of the world’s fastest growing economies in South Asia and Southeast Asia.
Quadria Capital seeks to make meaningful, positive impact by increasing access to affordable, high quality healthcare to underserved populations that need it the most. Quadria Capital believes that responsible investment is critical to long term, sustainable value creation in the region, and that its goals of both “doing good” and “doing well” are not just compatible, but in fact mutually reinforcing. For more information please see www.quadriacapital.com
For further information, please contact:
Tel: +65 9785 2413