The Abraaj Group said it had exited from its investment in Daniel O. Mercado Medical Center (DMMC), a hospital in the Philippines. The Mercado family, who founded the hospital, bought back shares to facilitate the exit. The Abraaj Group invested in DMMC in September 2010. Their investment facilitated the construction and opening of a diagnostic and outpatient facility and expanded DMMC's reach.

The Abraaj Group Managing Director and Country Head in the Philippines Danny Lizares said DMMC was an excellent investment opportunity. "We succeeded in our aim to further facilitate the provision of quality healthcare for the mass market, offering state-of-the-art medical services at competitive prices," he added.

ABS-CBN News reported that Abraaj had also exited its investments in Southeast Asia's healthcare sector. In the Philippines, its remaining investments are in Pancake House, a restaurant chain, and in HBC, a retailer of personal care products. Abraaj manages USD 7.5 billion worth of private equity and real estate investments.