SINGAPORE, April 15 (Reuters) - U.S. private equity firm
Warburg Pincus said on Monday that it has made an investment in
Vietnam's Xuyen A, which operates four general hospitals in the
south of the country.
Financial terms were not disclosed.
"We believe the private healthcare sector in Vietnam
presents a tremendous opportunity for outsized growth, as the
hospital infrastructure in the country is significantly
underdeveloped," Saurabh Agarwal, Warburg Pincus' head of
Southeast Asia private equity, said in a statement.
Healthcare assets in Vietnam have garnered growing interest
from investors keen to bet on the Southeast Asian nation's
growth potential.
In January, KKR & Co ( KKR ) emerged as the largest
shareholder of one of Vietnam's biggest eye hospital chains,
Medical Saigon Group, an internal memo showed.
New York-headquartered Warburg Pincus has been the largest
and most active global private equity investor in Vietnam, with
more than $2 billion invested, the statement said. Portfolio
companies include lender Techcombank and fintech company Momo.
Globally, it has more than $83 billion in assets under
management.