ABU DHABI, DUBAI, June 3, 2024: Morgan Lewis is advising its long-term client TVM Capital Healthcare on the closing of TVM Healthcare Afiyah Fund LP, its second pool of capital in the Middle East. Approximately $250 million has been raised from a group of Saudi, GCC, and European investors, led by JADA, the Public Investment Fund’s Fund of Funds Company. The Afiyah Fund is the largest of its kind, with a major focus on supporting the key medical priorities of Saudi Vision 2030 and the Health Sector Transformation Program.
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. Morgan Lewis recently advised TVM on its investment into neurocare.
The Morgan Lewis team advising TVM Capital Healthcare includes partner Carolyn Abram with support from partner Ayman A. Khaleq and associates Ali Houssein and Emma Khairallah.