January 25

Asian Development Bank Invests $25 Million In Quadria Capital Fund III For Health Care Investments In Developing Asia

The Asian Development Bank (ADB) signed a $25 million equity investment with Quadria Capital Fund III LP (Quadria III) to enhance the quality, accessibility, and affordability of health care in Southeast Asia and South Asia by supporting the growth of health care companies in these regions.

Managed by Quadria Capital, Quadria III has a target size of $800 million, which will be used to provide fresh capital to established companies operating in health care services, pharmaceuticals and life sciences, medical devices and consumables, health technology, as well as consumer health care distribution and retail segments.

Photo courtesy of Hush Naidoo.

Source: India Education Diary (link opens in a new window)

Health Care
distribution, healthcare technology, impact investing