Singapore, May 27 -- Quadria Capital, Asia's premier healthcare-focused private equity firm, has announced the final close of its Fund III with $1.07 billion in total commitments, significantly exceeding its original $800 million target with strong backing from Gulf Cooperation Council (GCC) investors.

The oversubscribed fundraise comprises over $954 million in primary commitments and $114 million in committed co-investment capital. An additional $300 million co-investment capacity is anticipated over the course of the investment phase, bringing total committed capital to approximately $1.3 billion upon full deployment.

This latest fundraise is around 60% larger than the firm's previous $600 million fund raised in 2020, cementing Quadri...