On 11th July 2017, FV Hospital organised an announcement ceremony of its new stakeholder – Quadria Capital at Park Hayatt Saigon Hotel. Attending the event included Dr Jean-Marcel Guillon, the FV Hospital’s CEO, and Dr Amit Verma, Managing Partner from Quadria Capital as well as many journalists from more than 40 media agencies all over the country.
Quadria Capital, Asia’s leading private healthcare investor, has successfully completed an investment into FV Hospital (“FV”). The investment will be used to facilitate the establishment of Centres of Excellence for selected specialties and to provide access to advanced care and treatment in Central and South Vietnam via an integrated network across the region. This represents Quadria Capital’s latest investment out of its third investment vehicle, Quadria Capital Fund L.P., and is the fund’s third investment into Southeast Asia since 2015.
FV was founded by Dr Jean-Marcel Guillon in 2003 with a group of French physicians who shared the vision of bringing world class healthcare into Vietnam. Located in the burgeoning District 7 of Ho Chi Minh City, FV has evolved into a full-service, one stop provider of quality care for the local population in and around Ho Chi Minh City. As the first JCI accredited hospital in South Vietnam, FV is known for its international standard of care, commitment to clinical quality and patient centric service.
With over 950 service staff, including 130 Vietnamese and expatriate doctors, FV provides care across more than 30 medical specialties at its 220-bed hub hospital. It also operates an outpatient clinic at the heart of District 1, Ho Chi Minh City’s traditional business district. In addition to catering for the local Vietnamese population, FV also receives patients from neighbouring countries of Cambodia, Laos and Myanmar.
Mr. Abrar Mir, Managing Partner and Co-Founder of Quadria Capital, said:
Dr Guillon further comments on the partnership:
Vietnam is one of the fastest growing economies in Southeast Asia with income per capita experiencing double-digit growth in recent years. Riding on demographic changes including a rapidly expanding middle income class and higher incidence of life-style induced diseases, demand for healthcare has been on the rise. In partnering with Quadria, FV seeks to continue capturing the increasing demand for advanced care and become the go-to hospital for the middle to high income population segment.
Please see more photos of the event here!
About Quadria Capital
Quadria Capital is an independent healthcare focused private equity firm with assets under management exceeding US$ 1.5 billion and investments in 15 companies across the Asia-Pacific region.
We focus on partnering with promising regional healthcare companies and, with our active investment strategy, help them grow into regional leaders, while creating and delivering outstanding returns to our investors.
We complement our investment objective with a progressive investment philosophy of creating positive impact on environment, society and governance. Our aim is to improve lives by bringing better healthcare for all. This comes from our belief that positive investment returns and constructive social and financial impact must go hand-in-hand.
The Fund is sponsored by Abrar Mir and Dr. Amit Varma and has operations based out of Singapore and New Delhi.
For more information, visit Quadria’s website at www.quadriacapital.com.