Misr Capital, Elevate Private Equity launch US$380m healthcare investment platform

EGYPT – Misr Capital, the investment arm of Banque Misr, and Elevate Private Equity have launched a US$380 million healthcare investment platform, Nile Misr Scan & Labs. The platform managers are looking to raise US$150 million before the first closing in Q1 2022, after seeding initial investments Banque Misr’s cash commitment and Elevate Private Equity’s in-kind contribution to the platform. Elevate Private Equity has built a strong track record of achieving 38% CAGR over the past four years as the strategic manager of Nile Scan & Labs Co, effectively making it the…

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