Sunday 19 August 2018

AlixPartners to oversee separation of Abraaj health fund from Abraaj Group | GulfNews.com

AlixPartners to oversee separation of Abraaj health fund from Abraaj Group | GulfNews.com:

Investors in the Abraaj Growth Markets Health Fund (AGHF) have announced the appointment of global consulting firm, AlixPartners, to oversee the separation of AGHF from the Abraaj Group.

The separation is aimed at ensuring the long term success of the fund in delivering accessible, affordable and quality health care in developing countries, AGHF said in a statement.

AGHF is a $1 billion investment fund with a mandate to provide affordable, high-quality health care to underserved low and middle-income patients throughout Sub-Saharan Africa and South Asia, with performance measured by both financial returns and development impact metrics. The fund is now in the process of separating from the Abraaj Group to ensure continuity and build a stable platform for the future.

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