Quadria Capital, a Singapore-based private equity firm, is seeking to raise up to $1 billion for its third and largest fund, which will focus on the fast-growing healthcare sector in south and southeast Asia.
Photo by Aditya Romansa
The firm has raised around $500 million so far and is expected to close the fund by the second quarter of 2024.
The fundraising comes amid growing global demand for healthcare assets across Asia, driven by the sector’s ability to weather challenging economic environments and the region’s growth prospects. Quadria Capital’s founders and managing partners, Abrar Mir and Amit Varma, said that they see a lot of high-quality deal flow, primarily in the domestic demand and ASEAN regions, with a particular focus on India, Vietnam, and South Asia.
