Avenue, Metropolitan, Nairobi Women’s Hospitals managing fund to stretch market share in Kenya

KENYA – US private equity group, TPG-backed, Evercare health care fund, which took over the management of over 5 Kenyan hospitals and clinics previously managed by scandal-hit Dubai-based fund Abraaj, plans to expand its presence in its five key markets including Kenya. The firm’s chief executive Massimiliano Colella said it would add more clinics and diagnostic centres citing huge demand for the health care services. He did not divulge the number of new clinics to be added in Kenya and the specific timelines for the expansion. The aim is to…

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