CBC Group and GHO Capital Agree Merger to Create Global Healthcare Investment Platform

CBC Group and GHO Capital have announced a merger that will create one of the world’s largest healthcare-focused investment platforms, with combined assets under management exceeding $21 billion.

The transaction brings together two specialist healthcare investors with complementary regional strengths across Asia, Europe and North America. The combined firm will operate through 13 offices globally and employ more than 200 investment and operating professionals, targeting sectors including biopharma, medical devices, diagnostics, life sciences tools, healthcare infrastructure and health technology.

The firms said the merger is designed to strengthen cross-border healthcare investment and operational capabilities at a time when healthcare innovation, supply-chain localization and AI-driven transformation are reshaping the sector globally.

The combined platform is expected to provide a broader range of investment strategies spanning private equity, private credit and healthcare-related real assets. Both firms emphasized continuity, stating that existing funds and portfolio companies will continue to be managed by their current investment teams, with governance structures and investment mandates remaining unchanged.

The new group will be jointly led by GHO Capital co-founder Mike Mortimer and CBC Group founder and CEO Fu Wei as co-CEOs. GHO co-founder Dr. Mireille Gillings and Fu Wei will serve as co-chairs of the board.

In a joint strategic rationale outlined by the firms, the merger is intended to connect healthcare innovation and companies across Asia-Pacific, Europe and North America with larger pools of global capital and commercialization opportunities. The firms also highlighted the increasing importance of Asia-Pacific in global healthcare R&D and manufacturing, particularly as multinational healthcare companies expand regional operations and supply chains.

Artificial intelligence was identified as a key long-term investment focus, particularly in healthcare services, drug development, diagnostics and life sciences applications.

Founded in 2014 and headquartered in Singapore, CBC Group manages approximately $10.8 billion in assets and has built a significant presence across Asia and the United States. GHO Capital, headquartered in London, manages approximately $10.5 billion and focuses primarily on European and transatlantic healthcare investments.

The transaction is expected to close in early 2027, subject to customary regulatory approvals and closing conditions. Until then, both firms will continue operating independently.