Ashmore Group Invests in Colombian Healthcare Company (Latin America)

Source: Infrastructure Investor  |  Author: Andy Thomson

Emerging markets investment manager Ashmore Group has invested in Diagnosticos Cardiologicos Especializados (Diacorsas), a private healthcare company in Colombia focused on the construction and operation of hospitals and specialty medical centers. Ashmore Group reportedly provided an initial loan for US$11.6 million, but did not indicate how much it would ultimately invest. The transaction, which was structured through Ashmore I – Colombia Infrastructure Fund, will allow Diacorsas to add more hospitals to its platform.