The Emerge Central America Growth Fund invested in Pacific Plaza Health and Living (PPHL), a private healthcare complex aimed at serving the growing middle class in Costa Rica and attracting healthcare tourists from abroad.
The $21m Emerge Fund, which focuses on Central America and the Dominican Republic, was established by Aureos Capital Limited, a private equity fund management company specialising in investing in small to mid-cap businesses in emerging markets.
The funds will be used for the development of PPHL, which includes the construction of the hospital and the medical office building by the end of 2010.
FinSMEs
29/09/2009