PROJECT

Projects

Summary of Investment Information

Project Number

33475

Company Name

ABRAAJ GROWTH MARKETS HEALTH FUND LP

Date SPI Disclosed

Dec 16, 2013

Country

World Region

Region

Global

Projected Board Date

Jan 21, 2014

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

May 13, 2021

Department

Disruptive Tech, Service & Funds

Industry

Funds

Previous Events

Approved : Dec 17, 2015
Signed : Mar 13, 2016
Invested : Oct 17, 2016

Sector

Leveraged Buyout Fund

Project Description

Founded in 2002, The Abraaj Group is a global private equity investor operating in the growth markets of Asia, Africa, Latin America, the Middle East and Turkey. Employing over 300 people including more than 170 investment and operating professionals, the Group has over 25 offices spread across five regional hubs in Dubai, Istanbul, Mexico City, Nairobi and Singapore.

The Abraaj Growth Markets Health Fund L.P. (“AGHF” or the “Fund”) is a single sector private equity fund dedicated to investments in the healthcare sector in various countries in Africa and South Asia. The target Fund size is US$1 billion. The Fund aims to undertake acquisitions, brownfield and greenfield projects to establish sustainable, affordable and high quality healthcare eco-systems in key urban areas. AGHF will make investments in companies focused on the provision of healthcare services, the distribution of medical technologies and medicines, retail pharmacy and other associated healthcare opportunities. The Fund is registered in the Cayman Islands as an exempted limited partnership.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation