London‑based GHO Capital and Singapore‑headquartered CBC Group have merged, creating the world’s largest dedicated healthcare investment manager. The combined firm now controls $21 billion in assets, merging GHO’s $10.5 billion European and transatlantic buy‑out platform with CBC’s $10.8 billion Asia‑focused franchise. The new entity will deploy capital across pharmaceuticals, medical devices, diagnostics, and healthcare infrastructure, delivering a single‑roof exposure to private equity, credit, and real estate strategies.

The merger follows a surge in private‑credit activity within healthcare, as investors chase steady cash flows and long‑term growth in the sector. By uniting GHO’s deep European expertise with CBC’s strong presence in Asia, the firm can now source deals across three continents, potentially unlocking synergies that reduce transaction costs and expand access to high‑yield opportunities.

Limited partners will gain a diversified platform that spans pharmaceuticals, diagnostics, and infrastructure, reducing geographic concentration risk. The enlarged asset base also strengthens the firm’s bargaining power with suppliers and service providers, potentially translating into higher returns. For investors seeking exposure to the global healthcare boom, the newly formed entity offers streamlined access to a broader deal pipeline.

The integration will roll out over the next twelve months, during which the combined firm plans to appoint a joint management team and align investment mandates. Current GHO and CBC partners are expected to retain their stake, ensuring continuity for existing LPs. The merger marks a significant consolidation in the healthcare investment space, setting a new benchmark for scale and geographic reach.