1 year ago
KKR Invests $600 Million in Manipal Group Expansion
A big investment firm called KKR is giving $600 million to Manipal Group, a big company in India that runs hospitals, schools and insurance companies.
KKR's money is meant to help Manipal Group grow and expand its businesses in the long term.
KKR believes in Manipal Group's success in healthcare and education.
This investment shows KKR's confidence in India.
KKR has been investing in the Asia Pacific region since 2019.
KKR invested $600 million in Manipal Education and Medical Group (MEMG).
The investment will provide flexible capital for growth.
Manipal Group operates in healthcare, education and health insurance.
The investment comes from KKR’s Asia Pacific Credit strategy.
Since 2019, KKR has invested over $8 billion in Asia Pacific.
- Who
- KKR and Manipal Education and Medical Group
- What
- KKR invested $600 million in Manipal Group.
- Where
- India
- When
- Announced recently
- Why
- To accelerate Manipal Group’s expansion and growth.
Key facts
- Arranger
- KKR Capital Markets
- Recipient
- Manipal Education and Medical Group
- Investment Amount
- $600 million
- Purpose
- Expand and grow the group
- Manipal Group's Businesses
- Healthcare, education, and health insurance
- Investment Route
- Asia Pacific Credit strategy and insurance platform
- KKR's Asia Pacific Credit Investments Since 2019
- Over $8 billion across around 60 credit investments
