A US private equity fund is poised to take over Avenue, Nairobi Women’s, Metropolitan and Ladnan hospitals from troubled Abraaj after a clearance from the competition watchdog.
The Competition Authority of Kenya (CAK) said TPG, to be renamed Evercare Health Fund, will oversee the hospital’s operations on behalf of the Bill & Melinda Gates Foundation and US pension funds that provided financing exclusively spent in healthcare investments as Abraaj Growth Markets Health Fund LP (AGHF)
