France To Invest $35 Mn In Quadria Capital, A Healthcare-focused Private Equity

Proparco, a unit of France's state development agency, is making a USD 35 million equity investment in Quadria Capital, an Asia healthcare-focused private equity firm, the companies said on Tuesday, to develop healthcare facilities in the region.

Quadria Capital aims to fill the gap between the growing demand for healthcare and an "insufficient" healthcare infrastructure in South and Southeast Asia, Proparco, unit of Agence Française de Développement Group, said in a statement.

(Reuters)