TVM Capital Healthcare announces first closing of $192.5m SEA Fund

It targets underpenetrated market segments, including post-acute care.

TVM Capital Healthcare has announced the first closing of its $192.5m (US$150m) TVM Healthcare Southeast Asia Fund (SEA Fund).

The SEA Fund focuses on underpenetrated market segments, including post-acute and rehabilitation services, women's health, diabetic and oncology care, and local manufacturing of essential pharmaceuticals.

Investment in the fund has come from several institutional investors, including Invest International, which was founded by the Dutch government and development bank FMO.

US$1 = $1.28

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