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GIC invests additional $203m in Asia Healthcare Holdings
The Straits Times
|December 19, 2024
GIC announced on Dec 18 that it will be investing an additional US$150 million (S$202.6 million) in Asia Healthcare Holdings (AHH), a healthcare delivery platform from South Asia.
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This comes after the Singapore sovereign wealth fund first invested US$170 million in February 2022.
Founded in 2016, AHH is a single specialty investing and operating healthcare platform backed by GIC and TPG Growth, the growth equity and smaller buyout investment arm of TPG Capital.
Its platform today includes Motherhood hospitals, fertility solutions provider Nova in-vitro fertilisation, and Asian Institute of Nephrology and Urology (Ainu) hospitals.
This story is from the December 19, 2024 edition of The Straits Times.
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