BlackRock to invest in hospitals

BlackRock, one of the biggest fund managers in the world, is looking to invest £20m into the UK’s fastest growing independent hospital operator. Health Investment Holdings Group (HIHL) runs hospitals via a partnership between doctors, nurses and ancillary staff. At the start of November, Labour voiced its backing for John Lewis-style partnerships to operate some public services, as the Government looks to keep up quality despite budget issues. BlackRock joins Balderton Capital, Lansdowne Partners and BlueCrest in investing in HIHL.