CVC Capital to invest $275m in The Medical City.

CVC Capital, a private equity and investment firm, agreed to invest $275m in The Medical City, a health institution in the Philippines. CVC Capital has an estimated $133bn worth of assets under management, including two other recent investments in the Philippines: a stake in Fast Logistics of William Chiongbian, acquired in 2020, and an investment in the Landers Superstore chain made in 2021.