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HomeUAEUAE-Based TVM Capital Healthcare Closes $250 Million Saudi Arabia-Focused Afiyah Fund

UAE-Based TVM Capital Healthcare Closes $250 Million Saudi Arabia-Focused Afiyah Fund

TVM Capital Healthcare closed its second Middle East fund, the TVM Healthcare Afiyah Fund LP, at about USD 250 million.

TVM Capital Healthcare closed its second Middle East fund, the TVM Healthcare Afiyah Fund LP, at about USD 250 million.

TVM Capital Healthcare entered the Middle East in 2009 and Southeast Asia in 2021. The new fund builds on the firm’s past success investing in the region, offering attractive returns and demonstrating its ability to originate acquisitions and nurture successful, sustainable companies with strong management teams and growth potential.

Read also – Dubai-Based Grubtech Secures $15 Million in Funding

TVM Capital Healthcare finds unmet healthcare needs and invests in entrepreneurial enterprises that improve their communities and provide high profits. The first international fund manager to invest in and operate major healthcare enterprises in the Kingdom, the firm has a strong reputation.

In support of Saudi Arabia and GCC expansion, it invests in European and U.S. healthcare growth deals. It maximises its impact on the Saudi economy and enhances access to world-class products, technology, and services with this two-pronged, highly catalytic strategy.

Read also – India-Based Turno Secures $5.5 Million in Funding

TVM Capital Healthcare has offices in Riyadh, Dubai, Singapore, Ho Chi Minh City, Munich, and Boston. It raised funds with worldwide legal firm Morgan Lewis.

About TVM Capital Healthcare

TVM Capital Healthcare is an emerging markets-focused healthcare private equity firm headquartered in Dubai and Singapore, with offices in Riyadh and Ho Chi Minh City and supporting offices in Munich and Boston. The firm invests expansion and growth capital in healthcare companies to improve local access to quality care and provide local sources of medical products in the pharma, medical device and diagnostics sectors.

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