Quadria Capital Raises $1.1 Billion
Singapore-headquartered private equity company Quadria Capital has closed its third healthcare fund at $1.1 billion, more than its original target size of $800 million. The firm’s biggest fund to date comes on the back of robust investor confidence in the region’s expanding healthcare industry.
Quadria Capital, which was established in 2012 by Abrar Mir and Dr. Amit Varma, invests in South and Southeast Asian healthcare value chain businesses. The firm’s assets under management have now surpassed $3.4 billion with this new fund. The new fund will be invested in high-growth segments like hospitals, diagnostics, life sciences, and medical technology.
Approximately 60% of the fund will be invested in India, mirroring the country’s growing need for quality healthcare services. For the first time ever, nearly 10% of the commitments to the fund have originated from Indian investors such as family offices, insurance firms, and corporates.
The oversubscribed raise highlights Quadria’s history and the increasing popularity of healthcare investing in emerging Asian markets. It also indicates international investor demand for scalable, impact-oriented healthcare solutions to enhance access and outcomes throughout the region. Quadria aims to start deploying the capital later in 2025.
