Warburg Pincus has recently announced its investment in Xuyen A – a major private hospital system in Vietnam. Having been established and led by Doctor Nguyen Van Chau, Xuyen A has become the owner and operator of four general hospitals, with its main facility being located in Cu Chi District, Ho Chi Minh City.
Invested in diverse sectors, it is as one of the largest private equity funds in Vietnam. This new move demonstrates Warburg Pincus’s growing interest in the healthcare sector in Vietnam.
Warburg Pincus’ Managing Director and Head of Southeast Asia Private Equity, Mr. Saurabh Agarwal, said that the fund believes that the private healthcare sector in Vietnam has great potential for significant growth. Through this deal, Xuyen A simultaneously announced its plan to establish a new cancer center at its main facility in Ho Chi Minh City.
About Warburg Pincus, it is a leading global growth investor, managing more than $83 billion in assets. Warburg Pincus’ portfolio includes more than 260 companies across a wide range of stages of growth, industries, and geographies.
Since its founding in 1966, Warburg Pincus has invested more than $116 billion in over 1,000 companies globally across private equity, real estate, and credit. The firm is headquartered in New York with offices in Amsterdam, Beijing, Berlin, Hong Kong, Houston, London, Luxembourg, Mumbai, Mauritius, San Francisco, São Paulo, Shanghai, and Singapore.
Commenced investing in Vietnam since 2013, Warburg Pincus has become the largest and the most active global private equity investor in Vietnam, with over $2 billion invested in leading companies such as Vincom Retail, MoMo, Techcombank, BW Industrial, Lodgis… Not only that, but Warburg Pincus also led the largest two IPOs in Vietnam for Vincom Retail and Techcombank.
In the healthcare sector in particular, the fund has over 50 years of experience investing in healthcare, providing support for leading companies including Summit Health – the largest outpatient-focused multi-specialty group in the United States, and United Family – a private international hospital and clinic network that provides high-quality healthcare services in China.
