Canada commits to Global Health Investment Fund
Grand Challenges Canada, which is funded by the Canadian government, is one of a number of investors that have committed an initial US$94 million to the Global Health Investment Fund (GHIF), an initiative intended to finance late-stage global health technologies to fight challenges in low-income countries. Structured by JPMorgan Chase & Co. (NYSE: JPM) and the Bill & Melinda Gates Foundation, GHIF will be managed by LHGP Asset Management, a London, U.K.-based asset manager specializing in sustainable development.
24 September 2013•6 mins read
