High valuations in Asia often reflective of growth opportunities: Abrar Mir, Quadria

Abrar Mir, Managing Partner and Co-Founder of Quadria Capital

For the past couple of years, private equity has been baulking at rising valuations. Abrar Mir, managing partner, Quadria Capital, the healthcare-focused private equity fund, has a different take on the hard-to-justify, near-record valuations, that is best illustrated with a listing in Indonesia the firm had been watching.

“About three years ago, we saw a healthcare IPO in Indonesia that was valued at a higher multiple than Facebook! Despite that, the company delivered growth as promised, and shareholder returns have actually come,” he said.

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