The Times reports how private equity firms favour healthcare companies because they are seen as a safe sector to invest in, and many of the assets are backed by property.
The newspaper makes the remark in the context of the news that HgCapital has sold Castlebeck to a company backed by John Magnier, JP McManus and Dermot Desmond.
References: The Times 06/07/06 page 40, page 42 (Need to know), page 48