Asia’s largest healthcare-focused private equity (PE) firm Quadria Capital has become a signatory to the Operating Principles for Impact Management (Impact Principles), which were developed by the International Finance Corporation in collaboration with other asset managers, asset owners and stakeholders, and are now hosted by the Global Impact Investing Network.

Quadria joins a diverse group of 183 signatories comprising asset owners and managers, development banks and other financial institutions with over US$516 billion of assets under management covered by the principles.

Signatories are required to integrate and monitor the impact of their investments in alignment with the principles, as well as conduct independent verification and publish relevant disclosures. Adoption of the principles also means that Quadria will contribute to and collaborate with a community of impact investors to further develop and implement best practices in impact management. 

Quadria, it notes, is also a signatory to the United Nations-supported Principles for Responsible Investment and is committed to the purposeful integration of social impact considerations into investment decisions and portfolio company management.

“Mobilizing capital to drive social and financial impact is central to our approach,” adds Abrar Mir, the company’s co-founder and managing partner, “and adopting the Impact Principles reinforces our commitment to investing in meaningful and sustainable businesses to address pressing healthcare challenges in our region.”