PE Fund Investments
GIC invests addnl $150-M to gain ownership of hospital platform Asia Healthcare
GIC, Singapore’s sovereign wealth fund, has invested additional USD 150 million to acquire a majority stake in Bengaluru-based Asia Healthcare Holdings (AHH), a single specialty hospitals platform. GIC had earlier invested USD 170 million in AHH.AHH, incubated by TPG Growth, is engaged in investing in and growing different single speciality healthcare companies under one enterprise. It operates a network of single-specialty hospitals in South Asia focusing on oncology, mother & child care, urology & nephrology, and IVF & fertility.
In Feb 2022, Asia Healthcare Holdings had raised about USD 170 M from GIC.
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