Pakistan

 

IDH enters South Asian market

Integrated Diagnostics Holdings is acquiring a 50% stake in one of Pakistan’s largest diagnostics providers, entering the country for the first time.

Interview: Massimiliano Colella, CEO, Evercare Group

We talk to the CEO of Evercare Group, the diverse conglomerate of South Asia and African hospitals that make up the $1bn Evercare Health Fund originally raised by Abraaj before TPG's takeover in 2019. Colella talks strategic priorities including 'turning Evercare from a fund into a real company', recent management departures, the platform today and why his own lack of emerging market healthcare service experience doesn't matter for this job.

BIMA raises $30m as it hits 2m teleconsultations in emerging markets

BIMA, an insurance and telehealth platform working in nine emerging markets, has raised $30m to increase penetration in those markets. It already has 35m insurance policies and has run 2m teleconsultations. HBI speaks to CEO and founder Gustaf Agartson. 

Former Abraaj health fund’s platform appoints new CEO

Evercare, part of what was formerly the Abraaj Growth Markets Health Fund (AGHF) and now managed by global PE firm TPG, has appointed a new CEO to oversee its hospitals and clinics in India, Pakistan, Kenya and Nigeria.

Ex-Abraaj health fund’s greenfield projects finally coming online

The Evercare Health Fund, formerly Abraaj's Growth Markets Health Fund (AGHF) before the PE firm's fall from grace and now managed by TPG, is finally starting to deliver on its big greenfield projects in the most difficult emerging markets, with the Pakistan hospital recently opened and the Lagos, Nigeria, facility expected in Q2 2020. We talk to a source close to Evercare about the Lahore hospital, the whole platform today and the strategy going forward.

Can Americans at TPG understand Emerging Market health care?

Private equity giant TPG Capital has signed a definitive agreement to manage now-defunct Abraaj's $1bn healthcare fund. Some investors may want a re-pivot towards greenfield projects in countries like Pakistan and Nigeria, we are told, while existing portfolio and fund staff may be growing frustrated at the Americans' slow decision-making.

TPG in for Abraaj’s health fund

Private equity giant TPG Capital has reportedly entered exclusive negotiations to take over the management of Abraaj's $1bn healthcare fund which has assets in Kenya, Nigeria, Pakistan and India. It looks to be the end of a protracted saga which contacts say might dampen fund managers' appetite for so-called impact investing in emerging markets.

Interview: Dr Rajgopal Thirumalai, Vice President, Global Medical & Occupational Health, Unilever

Unilever runs a global health and prevention programme in over 90 countries for its 169,000  employees. How? What does Dr Thirumalai (known as Dr Raj) think of the private healthcare services sector? And what changes does he expect in the future? And what does he expect from digital health and AI? Dr Raj is also a non-executive independent director of Apollo Hospitals Enterprise and a speaker at HBI 2018 on April 10-11 in London.

Find Us