Evercare Health Fund

Evercare Health Fund is a healthcare-focused private equity and impact investment fund managed by TPG through its impact investing platform, The Rise Funds. The fund was created in 2019 when TPG took over management of the former Abraaj Growth Markets Health Fund and renamed it The Evercare Health Fund. It invests in and owns healthcare delivery assets rather than developing therapeutics, with a focus on expanding access to affordable, high-quality hospitals, clinics, diagnostics, and related healthcare services in emerging markets across Africa and South Asia. The fund has been associated with the Evercare Group, an integrated healthcare delivery platform operating in countries including Pakistan, Kenya, Nigeria, India, and Bangladesh. Its backers have included major development finance institutions and impact investors such as the Gates Foundation, IFC, CDC/BII, Proparco, Philips, and Medtronic.