British International Investment


IndiaKenyaNigeriaPakistanRest of the WorldConsumer - Health

Evercare is an integrated healthcare delivery platform operating in growth markets across Africa and South Asia, including India, Pakistan, Kenya and Nigeria. It helps communities thrive by improving patient access to clinic and hospital operations, leveraging technology and integration to increase the quality of care. Evercare is building a foundation of continuous quality improvement and standardized care to improve clinical outcomes and patient safety.

Evercare is wholly owned by the Evercare Health Fund, an emerging markets healthcare fund managed by TPG Growth, the middle market and growth equity investment platform of TPG that also manages The Rise Fund, a global impact investing fund.

This investment was made when British International Investment was named CDC Group.

Our investment

Description of the investment.

CDC invested into the fund, alongside the Bill and Melinda Gates Foundation, healthcare operators such as Philips and Medtronic, as well as other DFIs, including the African Development Bank, and France’s Proparco.

Our investment will provide accessible, affordable and high-quality treatment for non-communicable diseases.

Expected impact

Expected impact of investments made between 2012 and 2018. From 2019 onwards, we have published a fuller set of impact information, assessing each investment against six dimensions of impact.

Lack of access to medical resources and inefficient healthcare systems across Africa and Asia continue to deliver poor outcomes for a large number of the population. From Nigeria to Bangladesh, Kenya to Pakistan, low- and middle-income countries trail their richer counterparts on healthcare provision.

Our investment will enable the fund manager to focus on improving care in the fields of non-communicable disease and mother and child health. It will initially operate in 10 cities across Africa and South Asia, including Lagos, Karachi, Accra and Nairobi, which represent a combined catchment area of 250 million people.

The fund will create a network of healthcare facilities – from tertiary hospitals to labs and imaging centres – that can share resources. By connecting facilities and personnel across specialities and geographies, for example through telehealth and doctor exchange programmes, the fund manager aims to improve access to good quality healthcare for people living in underserved areas.

The project will also create or maintain jobs for 7,500 people across its portfolio companies and train over 5,200 health workers.

Reporting and Complaints Mechanism

The Reporting and Complaints Mechanism allows anyone outside BII to report alleged breaches of the business integrity or environmental and social provisions of BII’s Policy on Responsible Investing. This includes breaches made by BII, a BII investee, or a portfolio company of a fund in which BII has invested. The Reporting and Complaints Mechanism Rules are available here. Reports and complaints can be submitted by email to [email protected] or by mail. See more details on our Reporting and Complaints Mechanism here.

For any other general enquiries contact us at [email protected]

  • Key facts

    Last updated

    When the last quarterly update of the website database occurred.

    June 2024
    Project number

    An identifier number shared by investments in the same project.


    The current status of the investment (green flag for active and red flag for exited).


    The geographical region where the country is located. We currently invest in Africa, South Asia, South East Asia and the Caribbean. In 2023, BII’s investment mandate was extended allowing it to invest in regional funds linked to Ukraine, with the majority of activity expected to begin post-war. Investments outside these regions were made prior to 2012 under previous investment mandates.

    Rest of the World

    We prioritise those sectors that facilitate development and need our capital the most. Our priority sectors contribute towards many of the Sustainable Development Goals. They range from investing in the power infrastructure that will provide people with better access to electricity, to investing in financial institutions that direct capital to the individuals and businesses that need it the most.

    Consumer - Health

    We provide capital in the following ways: directly – through direct equity, direct debt, guarantees and other non-intermediated financial instruments; and indirectly – principally through investment funds.

    For direct investments and fund investments, this is the date BII committed capital to the investments. This is typically the date on which legal agreements are signed by all parties.

    For the portfolio companies of our fund investments, this is the date (either the month or the quarter) on which the fund committed capital to the portfolio company.

    For direct equity investments, this is the date at which British International Investment exited the investment.

    For debt investments, this is the date at which the final debt repayment was made.

    For funds, this is the date at which the fund was terminated.

    For underlying fund investments, this is the date at which the fund manager exited the investment.

    The total amount committed, per financial instrument, per investment, on the date BII becomes subject to a binding legal obligation to provide funding or assume a contingent liability. This information is provided in US dollars.

    For direct investments, this is the amount that BII has committed to the business or project. For fund investments, this is the amount BII has committed to the fund.

    The currency in which the investment was made.

    Investment type :
    Start date :
    March 2016
    Amount :
    Currency of investment :
    Fund Manager:
    FFP Cayman

    The company or investment fund’s place of incorporation.

    Cayman Islands

Investments made by this fund into companies:

For further information about these companies, visit

Investment name Country Region Sector Start date Status
Avicenna Healthcare 1 Pak (Project Rome) Pakistan South Asia Consumer - Health February 2017 Exited
CARE Hospitals India South Asia Consumer - Health February 2016 Exited
Evercare Hospital Lahore Pakistan South Asia Consumer - Health February 2017 Exited
Evercare Hospital Lekki Nigeria West Africa Consumer - Health April 2017 Exited
Islamabad Diagnostics Centre Pakistan South Asia Consumer - Health December 2016 Exited
Metropolitan Hospital Holdings Limited Kenya East Africa Consumer - Health November 2017 Exited
Nairobi Women’s Hopital (Healthlink Management Limited) Kenya East Africa Consumer - Health May 2017 Exited
Perregrin Properties Limited (Project Sante) Nigeria West Africa Consumer - Health April 2017 Exited
The Avenue Group Limited Kenya East Africa Consumer - Health January 2017 Exited

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