<article>Private equity firm <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Warburg+Pincus+LLC" target="_blank">Warburg Pincus LLC</a> has invested an undisclosed amount in Shanghai-based gynaecology and paediatrics hospital chain <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=UIB" target="_blank">UIB</a>.</article>

Private equity firm <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Warburg+Pincus+LLC" target="_blank">Warburg Pincus LLC</a> has invested an undisclosed amount in Shanghai-based gynaecology and paediatrics hospital chain <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=UIB" target="_blank">UIB</a>.
The investment was made from Warburg Pincus XII, the firm&#8217;s latest buyout fund, which had closed at $13.4 billion last year.
UIB plans to launch two new hospitals viz., the Shanghai Everbetter Maternity Hospital and the Shanghai Everbetter Pubin Children’s Hospital later this year. Everbetter will start sooner — recruitment of all its medical staff is complete, and operational systems and processes are currently being put in place.
&#8220;China’s healthcare services sector is undergoing a profound transformation as more privately-own hospital brands emerge to cater to the growing need for premium healthcare services and treatment,&#8221; said Fang Min, managing director of Warburg Pincus,   in a statement.
UIB will use the funds to offer a wide range of obstetrics, gynecology and pediatrics, and will tap into the growing demand for better health management in China.
This is one of the first investments from Warburg Pincus&#8217; latest fund. It has previously invested more than $9 billion in healthcare companies globally.
The New York-based PE firm was among the first to enter China in 1994, when the nation&#8217;s double-digit growth machine had just started. Its existing investments in the country include <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=China+Huarong+Asset+Management+Co" target="_blank">China Huarong Asset Management Co</a>., <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Car+Inc" target="_blank">Car Inc</a>., and <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Beijing+AmCare+Women’s+%26+Children’s+Hospital" target="_blank">Beijing AmCare Women’s &amp; Children’s Hospital</a>. It exited classifieds website <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=58.com" target="_blank">58.com</a> last year, and had a partial exit from <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Car+Inc" target="_blank">Car Inc</a>. and <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=China+Biologic+Products+Inc" target="_blank">China Biologic Products Inc</a>.
The PE firm has <a style="color: #000080;" href="http://www.dealstreetasia.com/stories/31902-31902/">invested over $6.5 billion</a> in more than 90 companies so far in China. It is planning to <a style="color: #000080;" href="http://www.dealstreetasia.com/stories/warburg-pincus-to-take-8-of-its-chinese-firms-public-in-next-12-mths-34483/">take eight of its Chinese portfolio companies</a> public in the coming 12 months.
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Private equity firm Warburg Pincus LLC has invested an undisclosed amount in Shanghai-based gynaecology and paediatrics hospital chain UIB. 

China: Warburg Pincus takes undisclosed stake in hospital chain UIB

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China: Warburg Pincus takes undisclosed stake in hospital chain UIB

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