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PSI is managed by a group of leading physicians and other professionalsled by Alfredo R.A. Bengzon, a former Secretary of Health and Dean of theprestigious Ateneo School of Medicine and Public Health in the Philippines.The management team's recent achievements include securing as of February 2007the Joint Commission International Accreditation ("JCIA"), the most widelyrecognized international healthcare certificate. The Medical City is one ofonly two hospitals in the Philippines to receive such a distinction.
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Mr. Pote Videt, Managing Director of Lombard Investments, Inc., said,"Lombard is pleased to become a long-term investor and board member of PSI.The Medical City is well-positioned to benefit from the strong domestic demandfor private healthcare as well as a growing international medical tourismindustry. Through Lombard's representation on the board of directors of theCompany, we look forward to many years of fruitful co-operation."
About Lombard Investments:
Lombard is a leading international private equity investment manager withoffices in Bangkok, Hong Kong and San Francisco. Formed in 1985, Lombard hasmade more than 75 controlling and significant minority investments in Asia andNorth America. The firm's investors include some of the world's largest andmost respected financial institutions, major pension funds and corporations,as well as family investment offices in Asia, North America and Europe.Lombard made its investment in PSI through Lombard Asia III, the firm's SouthEast Asia and Greater China private equity fund.(http://www.lombardinvestments.com)More information is available by visiting http://www.lombardinvestments.com or by contacting: Mr. Thomas Smith, Managing Director Mr. Pote Videt, Managing Director Email: tsmith@lombardinvestments Email: [email protected]
SOURCE Lombard Investments, Inc.
