Bahrain-based alternative investment firm Investcorp has created a new investment platform to manage its investments in Chinese healthcare providers.
More specifically, the platform will focus on companies that have “remained resilient” throughout the current Covid-19 crisis.
The platform has already made its first investments after acquiring minority stakes in two Chinese healthcare companies, hospital operator Lu Daopei Medical Group and online healthcare provider, WeDoctor.
The alternative fund manager has expanded its Asian footprint in recent years, making acquisitions in China and India and investing more than US$1 billion via funds that have focused on Asian technology companies.
“We believe that there are many attractive opportunities in the Chinese healthcare sector as this is a pivotal time to meet increasing demand for quality medical services and treatments,” said Mohammed Alardhi, executive chairman of Investcorp.
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