Healthcare PE firm TVM announces $150M first close of Southeast Asia fund: Venture Report

TVM’s new Southeast Asia fund is the latest sign of a maturing healthcare ecosystem in the region, with $150 million to support market segments the firm feels are “underpenetrated.”

Growth capital investor TVM Capital Healthcare announced the first close of its Southeast Asia Fund (SEA Fund) with an anchor investment from Invest International, an entity backed by the Dutch government and development bank FMO. Based in Dubai and Singapore, TVM is a healthcare-focused private equity firm...