Health Care in Emerging Markets
Just Released EMPEA Special Report: Private Equity and Health Care in Emerging Markets –
In many ways, health care exemplifies EMPEA’s belief that emerging markets private equity provides investors the opportunity for outsized returns, as well as positive social impact. Demand for health care products and services has grown faster than overall EM economic activity, and the needs of consumers have outstripped the capacity of public sector options. Many governments, faced with budgetary pressures and preoccupied with ensuring macroeconomic stability in a volatile global landscape, have recognized the need for increased private investment in the sector. It’s therefore no surprise that health care private equity investment activity in emerging markets has reached the highest levels ever recorded by EMPEA. Yet delivering on the promise of health care in emerging markets requires not just an opportunistic mindset, but patience, creativity and operational insight into what is ultimately a very complex sector.
However strong the macroeconomic drivers may be, the “micro” attributes of investments in health care are crucial to success. This report explores the health care private equity landscape in emerging markets, with a view to how fund managers are approaching investments across countries, subsectors and investment stages. Most importantly, the report examines how fund managers are driving change at the portfolio company level, creating value not only for investors, but also for the communities that health care companies ultimately serve…