Jun 6, 2016
Russian billionaire Mikhail Fridman’s investment vehicle LetterOne launches health business in US
Posted by Karen Hurst in categories: business, health
Nice.
LetterOne, the investment vehicle owned by Russian tycoon Mikhail Fridman, has launched L1 Health in the US and appointed Diageo chairman Dr Franz Humer to the firm’s advisory board.
L1 Health will target up to $3bn (£2.1bn) of investments in the global healthcare sector over the next three years “with the goal of making sizeable equity investments in businesses that it can support and help grow for significant periods of time”, the group said.