TVM Capital financial update

TVM Capital said it plans to focus solely on investing in life science and healthcare delivery companies and cease making new investments in IT companies, effective at the end of the year. The firm said it will focus on VC investments in life science companies in Western Europe and North America and private equity investments in healthcare companies in the Middle East and North African region. TVM could not be reached for details on the decision, but according to its website the firm has at least 10 portfolio companies in the IT space. ...