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ADB invests $25-M in healthcare-focused Quadria Capital Fund III
The Asian Development Bank (ADB) has made a USD 25 million equity investment in healthcare-focused Quadria Capital Fund III LP (Quadria III). Managed by Quadria Capital, Quadria III has a target size of USD 800 million, which will be used to provide fresh capital to established companies operating in healthcare services, pharmaceuticals and life sciences, medical devices and consumables, health technology, as well as consumer health care distribution and retail segments. Average investments are expected to range from USD 70 million to USD 200 million. Founded in 2012, Quadria Capital has over USD 1.6 Billion in assets under management.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.