QIC’s Global Infrastructure Fund (QGIF) and QGIF co-investors have acquired a 75% equity interest in Nexus Hospitals (Nexus), Australia’s second-largest day hospital platform which owns a portfolio of day and short-stay hospitals across six states and territories in Australia. An investment in Nexus is a compelling, diversifying opportunity for QGIF. The business provides the medical infrastructure across a broad range of low acuity, non-emergency, largely non-elective surgeries for doctors, making it a true essential services provider.
Nexus represents the first social infrastructure investment for QGIF in the healthcare sub-sector and was acquired through a bilateral process that leveraged our strong network of relationships.
QIC Global Infrastructure’s sector centric, thematic approach to investing identified the healthcare sub-sector as an attractive focus area. Long term trends are driving robust growth in demand for healthcare services globally. Aging demographics, the changing nature of the disease, public funding pressures, technological change, and decentralization underpin this strong demand particularly for day and short-stay surgery and are expected to continue over coming decades.