SINGAPORE, November 21, 2023. Quadria Capital (“Quadria”), one of Asia’s largest healthcare-focused private equity firms, today announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). It marks another step in the firm’s ongoing commitment to integrate environmental, social and governance (ESG) impact into its investment decisions and portfolio company management.
As a signatory, Quadria pledges to uphold the PRI’s six key principles that govern incorporation of ESG issues into investment analysis and ownership policies, reporting and disclosure requirements, and promotion and collaboration on effective implementation of the principles within the industry.
Abrar Mir, co-founder and Managing Partner at Quadria Capital, said: “We were founded on the principle that responsible and sustainable investing drives both social and financial impact, and this remains central to our investment approach today. As a PRI signatory, we look forward to working with our portfolio companies and the wider investment community to further integrate ESG considerations across the entire lifecycle of investments, which we believe is critical for sustainable, long term value creation.”
Quadria joins over 5,000 existing signatories to the PRI, comprising asset owners, asset managers and service providers who collectively represent over US$121 trillion of assets under management.
Quadria Capital formally incorporates ESG and social impact into investment decision-making processes, and works with portfolio companies to identify impact goals that will increase healthcare accessibility, affordability, awareness and quality for the community. An environmental and social action plan (ESAP) is developed to ensure that any gaps in adhering to ESG practices are addressed by the portfolio company. Including the ESAP as an ongoing reporting obligation ensures portfolio companies focus on monitoring ESG compliance and increasing ESG standards post-investment.
About Quadria Capital
Founded in 2012, Quadria is an Asia healthcare-focused private equity firm with assets under management of over US$ 3.4 billion, maximising returns by investing in the high growth healthcare sector of some of the world’s fastest-growing economies in South Asia and Southeast Asia, including Healthcare Delivery, Life Sciences, Medical Technology and Associated Healthcare Services subsectors. The firm aims to create significant and sustainable shareholder value by supporting strong, professionally run, stable and scalable healthcare organisations to address the critical and undersupplied healthcare needs in Asia.
For more information, please visit https://quadriacapital.com
Investor Relations Contact
Gerald Ng, Head of Investor Relations