Humania

Name

Humania

Legal name

Humania Capital (DIFC) Limited

Website

https://humaniacap.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Healthcare Private Equity / Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (52592)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Account / SMA Multi-Manager Platforms (FSANAGAL)

akta.pro secondary industries

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL), Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)

Keywords

• Healthcare private equity
• Healthcare investment
• Emerging markets investing
• Growth capital
• Greenfield healthcare

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Returns and Management Fees: Humania generates returns through value-added investments in healthcare businesses across MENA and emerging markets. The firm makes acquisitions and provides growth capital, supported by operational expertise and ability to build greenfield healthcare projects. Revenue is derived from successful exit of portfolio companies and ongoing management of investment vehicles.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

Humania operates a healthcare-focused private equity and investment management platform that makes acquisitions, provides growth capital, and develops greenfield healthcare projects across the Middle East, North Africa, and other emerging markets. The firm is regulated by the Dubai Financial Services Authority (DFSA) to manage collective investment funds and advise on financial products, serving Professional Clients only with capital sourced from development financial institutions, commercial banks, and other institutional investors.

Product overview

Humania operates as a single, unified investment platform focused on healthcare opportunities across the Middle East and emerging markets. The platform serves as the primary investment vehicle for the Bait Al Batterjee Group, leveraging 35 years of healthcare experience to make acquisitions, provide growth capital, and build greenfield healthcare projects. The investment platform is supported by group resources including the Saudi German Hospitals network, International Hospitals Construction Company (IHCC), Batterjee Medical College, and extensive access to healthcare professionals across the region.

Differentiator

Problem solved

Functional benefit

Products and services

• Healthcare Investment Platform Core DFSA-regulated investment platform that makes acquisitions, provides growth capital, and develops greenfield healthcare projects across the Middle East, North Africa, and other emerging markets, leveraging 35 years of healthcare experience and Bait Al Batterjee Group resources. Directed at Professional Clients only.

Quantifiable outcome

• $500 million+ raised in debt and equity from DFIs, commercial banks and institutions
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Kaya LimitedcoreOthers · 20 August 2024Humania GCC Holding acquired Kaya Limited according to Global Legal Chronicle report. This represents a strategic acquisition within Humania's healthcare investment portfolio.
• Bait Al Batterjee GroupcoreStrategic or Co-development PartnerHumania is founded by key members of the Bait Al Batterjee Group (BAB). BAB has established itself as a highly successful, capable and ethical organisation throughout the MENA region with 35 years of healthcare experience. Humania benefits from BAB's reputation and shares these values.
• Saudi German HospitalscoreStrategic or Co-development PartnerThe Saudi German hospital brand is a market leader in the MENA healthcare space with nine hospitals across four countries. Humania leverages this strong brand presence and reputation for credibility in investments.
• International Hospitals Construction Company (IHCC)coreStrategic or Co-development PartnerIHCC is the leading Hospital Construction Company in the Middle East and Africa with in-house knowledge and competence to design, construct, operate, maintain and finance world class hospitals. Humania draws upon IHCC's healthcare construction capability.
• Middle East Healthcare Company (MEAHCO)coreStrategic or Co-development PartnerMEAHCO is the largest healthcare provider in Saudi Arabia, founded by the Batterjee family. It owns and operates network of state-of-the art centers under the Saudi German Hospitals brand, representing a key portfolio component.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• International Finance Corporation (IFC): World Bank Group's private-sector arm and a major DFI that co-invests in MENA healthcare alongside commercial sponsors, including via blended finance. Comparable to Humania as both a co-investor in the same assets and a benchmark for healthcare investment frameworks in emerging markets; Humania New Ventures CEO previously co-built IFC's EM healthcare book.
• FMO (Dutch Entrepreneurial Development Bank): Dutch DFI that invests in financial institutions, energy, and healthcare across emerging markets including MENA. Comparable to Humania as a DFI capital source and co-investor in EM healthcare, with similar mandates around development impact and risk-adjusted returns.

Direct peers

• TVM Capital Healthcare: Healthcare-specialist private equity firm with operations across MENA, emerging Asia, and other emerging markets. Directly comparable to Humania in sector focus (pure-play healthcare), stage (growth and buyout), and geographic emphasis on emerging markets with underpenetrated healthcare systems.
• LeapFrog Investments: Profit-with-purpose investment firm focused on financial services and healthcare in emerging markets across Africa and Asia. Comparable to Humania in emerging-markets healthcare PE thesis, DFI-aligned capital base, and focus on serving mass-market consumer segments in underserved geographies.
• Gulf Capital: One of the largest MENA-focused private equity firms with multiple funds deployed across the GCC. Highly comparable to Humania given shared focus on regional PE investing, similar investor base including institutional and family-office capital, and overlapping sector exposure in healthcare and consumer.
• Acumen: Impact investment organization backing early- and growth-stage companies delivering affordable healthcare, energy, and agriculture in emerging markets. Comparable to Humania in healthcare-focused emerging-markets investing and use of blended finance / patient capital structures to scale essential services.

Regional players

• Pharo Management: MENA-focused investment management firm deploying capital across the Horn of Africa and Arabian Peninsula with thematic focus on essential infrastructure including healthcare. Comparable to Humania in geographic focus on MENA frontier markets, family-connected sponsorship, and emphasis on under-served sectors.
• Swicorp: MENA-focused investment bank and private equity firm with healthcare and consumer mandates across GCC and North Africa. Comparable to Humania in regional MENA focus, principal investing alongside advisory work, and deep institutional relationships across the region.
• AfricInvest: Tunis-based private equity platform investing across North and Sub-Saharan Africa with growing healthcare exposure. Comparable to Humania in operating through a MENA/Africa corridor, executing buyouts and growth capital, and raising capital from DFIs and institutional investors.
• Development Partners International (DPI): Pan-African private equity firm with adjacent North Africa exposure and focus on high-growth markets. Comparable to Humania in targeting growth-stage healthcare and consumer investments in African and MENA markets via institutional LP capital.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/humania-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Humania