Private equity group Quadria Capital held the first close for its second fund at $107m.
Quadria Capital Fund L.P. makes growth equity investments in healthcare companies in South and Southeast Asia.
Subsectors include Healthcare Delivery, Lifesciences, Medical Technology, and Associated Healthcare Services.
The final target of the fund was not disclosed.
Led by Managing Partners Abrar Mir and Amit Varma, Quadria Capital is based in Singapore and New Delhi.