Peripheral vision

by Imad Ghandour February 1, 2009

written by Imad Ghandour February 1, 2009

There is no question that healthcare is booming despite the financial crisis — not only in the Middle East and other emerging markets, but also in many parts of the developed world. Healthcare services throughout the Gulf Cooperation Council countries were worth $18 billion in 2008, a figure expected to grow to between $47 and $55 billion by 2020, according to investment bank Alpen Capital. This bright macro potential is attracting private equity (PE) attention. In the region, PE funds are focusing on education and healthcare as the most promising growth sectors. Over the past 10 years, healthcare private equity deals accounted for 9 percent of total PE investment. In 2008, the last year for which there are comprehensive industry statistics, healthcare was the number one destination for PE funds, attracting 16 percent of all investment. Healthcare is now a consumer priority, and it is setting the political agenda.

GCC Healthcare

Imad Ghandour

Imad is the Co-founder and Managing Director of CedarBridge, an investment company focusing on high-growth opportunities in education, healthcare, wellness & beauty, and retail in Europe and MENA. With over 15 years of experience in private equity across MENA, the UK, and China, he serves on several boards, including SAE Arabia and The Grooming Company. He has also served as a director for major organizations like CIRA, Maarif Education, and Metito. Imad co-founded the MENA Private Equity Association, is a member of the British Venture Capital Association, and holds an Engineering degree from the American University of Beirut and an MBA from the University of Wisconsin – Madison.

Peripheral vision

You may also like