EFG Hermes Private Equity, one of the region’s leading private equity players with more than a decade investing across multiple sectors, has partnered with accomplished healthcare investor and former Egyptian Minister of Health, Dr. Hatem El Gabaly, to establish the Rx Healthcare Management.
The Fund management team is uniquely structured, blending unique hands-on experience in the healthcare sector with an exceptional investment track record in the Middle East and North Africa (MENA) region.
Chairman and Chief Executive Officer, Dr. El Gabaly, leads an organization of 15 professionals including healthcare and private equity teams that have been working together for 30+ years and 8+ years, respectively. As the Fund’s geographic and strategic investment focus cover both North Africa and Sub-Saharan Africa, its Cairo-based operation will be complemented by a Nairobi-based team.
Rx Healthcare Management understands the importance of a strong on-the-ground presence in Sub-Saharan Africa. Beyond deploying operating members on the portfolio company level, the Fund will contract with advisors for specific markets and sub-industries as needed to access regional business networks in identifying investees as well as local capabilities in performing due diligence and facilitating transactions. An eight-member Investment Committee, including four Independent Members, advises on all investment and divestment decisions, periodically assessing the overall condition and performance of the Fund’s portfolio companies.