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NIIFL completed a $287m investment in Manipal Hospitals.

Synopsis

National Investment and Infrastructure Fund, a sovereign wealth fund of India, completed a $287m investment in Manipal Hospitals, a healthcare chain. “We are delighted to partner with Manipal Hospitals in their next phase of growth. Through this investment, NIIF looks forward to playing a role in serving the healthcare needs of India. The strong governance, processes and track record of Manipal Hospitals resonate well with NIIF’s investment philosophy. It is exciting to partner with a highly capable management team that has created one of the most efficient healthcare delivery platforms in the country," Sujoy Bose, NIIF MD & CEO.

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