Pan-emerging markets private equity firm Actis has appointed Arjun Oberoi as global healthcare sector head and Ivy Santoso as Indonesian country head.
Oberoi will head Actis’s global healthcare sector, an area of increasing interest for the firm as an ageing population, changes in lifestyle, increasing income, and better insurance coverage continue to drive demand for high quality medical products and services across emerging markets.
Actis’s current healthcare investments include hospital chain Sterling Add-Life, clinical research organisation Veeda, healthcare IT provider Anthelio, and the largest local player in the Chinese endoscopy consumable sector, Nanjing Micro-Tech.
Santoso will be Actis country manager for Indonesia, a country now seen as a strategic location for private equity investment, boasting some of the most impressive growth rates in the region and a stable government and regulatory system.
Oberoi trained and worked as a physician in Edinburgh and London before joining McKinsey’s healthcare practice in New York. He subsequently joined Pfizer in the US and held positions in business development and strategic planning in Europe and Asia Pacific before moving to Beijing to run one of Pfizer China’s business units. In 2008, he relocated to Singapore to head Sanofi’s business development efforts in Asia Pacific. Most recently, he was head of international strategy and business development at Stryker Corporation.
Peter Schmid, head of private equity at Actis, says: “Arjun joins us with an impressive career spanning a number of countries. With a strong track record of innovative business development across a range of healthcare sub-sectors, including stints in big pharma and consultancy, he will be a great addition to our talented group of private equity healthcare specialists.”
Santoso spent over 10 years as Indonesian country head for Avenue Capital, a New York based investor. During this time she has built up an extensive track record both in executing transactions and in portfolio management. She began her career as an accountant for Adindo Foresta Indonesia before working in banking and stockbroking.
Santoso says: “Actis is a highly respected firm in South East Asia; it is able to offer a tremendous wealth of knowledge from other emerging markets and draw on a long track record of successful investments. I have great confidence in Indonesia and see exciting opportunities for Actis in this region.”
