Fund News

Healthcare investor Quadria Capital raises over $1-B for Fund III

Mint  

Quadria Capital , a private equity firm focused on healthcare in Asia, has closed its third fund with USD 1.07 Billion in total commitments. The oversubscribed fundraise comprises over USD 954 million in primary commitments and USD 114 million in committed co-investment capital.For the first time, Quadria has raised around 10% of the fund from Indian investors, including family offices, insurance companies, and corporates. Quadria Capital’s largest existing backers include prominent North American and European sovereign wealth funds, asset managers and corporates. The fund also received new commitments from institutions across the Gulf Cooperation Council (GCC).Through Fund III, the firm will seek to write larger cheques in approximately 10 market-leading companies, taking significant minority and majority stakes.

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