TVM Capital Healthcare plans second Middle East fund – The National

  • Date: 26-Jul-2020
  • Source: The National
  • Sector:Financial Markets
  • Country:GCC
  • Who else needs to know?

TVM Capital Healthcare plans second Middle East fund – The National

Exclusive: The growth capital specialist is also raising its first Asia Pacific fund





























A branch of the Cambridge Medical and Rehabiltation Centre in Abu Dhabi. The business is one of five investments TVM Capital Healthcare made through its first fund launched in 2010. Courtesy of TVM Capital Healthcare.











TVM Capital Healthcare is raising a second growth capital fund focused on investment in the Gulf and is raising its first fund in the Asia-Pacific region as it expands its geographical footprint.



The company, which closed its first fund in Dubai 10 years ago, said the new fund "will have a strong focus on the GCC, but also Saudi [Arabia] specifically“, according to its chairman and chief executive, Helmut Schuehsler.



He declined to give a target size for the investment vehicle, or a closing date for the fund, but said it will look to "do eight to 10 deals“, with individual ticket sizes of between $20 million to $40m (Dh73.4m to Dh146.9m).



"We want to be true, strategic investors. We usually don't invest all-in-one. So, if we say $20m to $40m, very often we