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TE Asia, Singapore family office Altrui, invest $50m in two cardio facilities in Indonesia TE Asia Group CEO Eng Aik Meng / Source: TE Asia Group July 8, 2021 TPG-backed TE Asia Healthcare Partners is investing $50 million in two cardiovascular facilities in Indonesia with Altrui Investment Management, a single-family office based in Singapore.  Altrui, which has investments in education, agriculture, and new technologies, will take a 25% stake in the two projects,  marking the firm’s foray into healthcare. TE Asia and the doctors in the two cardiology practices will hold the remaining  ...

LaingBuisson News TE Asia Group CEO, Eng Aik Meng TE Asia Healthcare, backed by global investment firm TPG Capital, has already committed US$170m in healthcare since its inception in 2014. It is ready to put another US$90m to work in Southeast Asia over the next 18 months. HMi caught up with group CEO and founding member of TE Asia Healthcare, Eng Aik Meng, to discuss the dynamics of the Southeast Asian health market and how the firm’s business model is well suited to take maximum advantage of the opportunities he identifies. Eng also serves as a senior advisor at TPG Capital. Prior to sett...

TE Asia aims to expand chain of specialty hospitals Eng says spcialty hospitals segment has tremendous growth potential. Beacon Hospital is part of TE Asia’s IOC network. PETALING JAYA: Private healthcare investment and operations platform TE Asia Healthcare Partners is focused on building its regional networks of single-specialty centres/hospitals in various disciplines such as oncology, cardiology and orthopaedics and will explore other specialties in Malaysia. TE Healthcare group CEO Eng Aik Meng said the specialty hospital segment is an area which it believes has tremendous grow...