Healthcare is sector least affected by geopolitical tensions, say CBC Group and GHO Capital after US$21 billion merger
The Singapore and London firms are creating the world’s largest dedicated healthcare investment manager
[SINGAPORE] Healthcare is a global business, and reflecting that belief is the merger of specialist healthcare asset managers CBC Group and GHO Capital, said Fu Wei, CEO of Singapore-headquartered CBC.
The combination took more than 18 months and five meetings to discuss both sides’ opportunities and capabilities. Their aim was to achieve more together than what each could do alone.
“By bringing the two firms together, we are creating the largest dedicated healthcare investment manager in the world, with US$21 billion in (assets under management) and deep expertise across the major healthcare markets,” GHO managing partner Mike Mortimer told The Business Times.
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