New Delhi, Feb. 13 -- Healthcare-focused private equity firm Quadria Capital has expanded its presence in the Middle East with the launch of an office in the United Arab Emirates (UAE).
The Singapore-headquartered firm, which closed its third fund last year at $1.07 billion (Rs 9,000 crore) exceeding its target of $800 million, said it has opened a new office in Dubai, marking a push into the Gulf Cooperation Council (GCC) region. Sunil Thakur, partner and head of South Asia, will lead the GCC expansion.
"The GCC is at an inflexion point in healthcare," said Abrar Mir, co-founder and managing partner at Quadria. "Demand is large, paying, and long-term, while supply remains constrained across infrastructure and clinical capacity. Policy support is deep and durable."
Quadria's oversubscribed third fundraise included over $954 million in primary commitments and $114 million in co-investment capital.
The firm plans to build scaled healthcare platforms across the region, with markets such as Saudi Arabia and the UAE seeing the sector as a strategic priority, supported by governments acting as regulators and ecosystem builders.
Quadria manages more than $4.2 billion in assets and invests exclusively in healthcare, with 29 investments in South and Southeast Asia, including India, Vietnam, Indonesia, Malaysia and Singapore.
Published by HT Digital Content Services with permission from VC Circle.