05 July 2021 | News
Appoints Farid Fezoua as Managing Partner to bolster TVM's investment opportunities, healthcare operations, and growth capital in the MENA and Southeast Asia regions
Caption: Farid Fezoua, Managing Partner, TVM Capital Healthcare
TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, announced that Farid Fezoua has joined the firm as a Managing Partner.
Farid comes to TVM Capital Healthcare following the successful exit of Cambridge Medical and Rehabilitation Center (CMRC) in March 2021 for $232 million, which represented a 4.6x return on capital invested, the largest MENA (Middle East and North Africa) healthcare deal in recent years.
Farid joins the firm from GE where he held several senior positions as Managing Director, GE Capital Markets Middle East Africa, Central Asia & Turkey, President & CEO GE Healthcare Africa, and more recently served as President & CEO of GE’s operations in Sub-Saharan Africa across all GE businesses including Healthcare. With a career across Financial Services and Infrastructure Industries within Europe, Middle East and Africa, Russia, Turkey and Central Asia, Farid has developed a strong track record of infrastructure project development and financing, strategic equity investment in the field of healthcare, power, transportation as well as business operations and management. Farid’s comprehensive healthcare operating, and financial investment expertise bolsters TVM's investment opportunities to deploy growth capital in the MENA and Southeast Asia regions.
Dr. Helmut Schuehsler, Chairman and CEO of TVM Capital Healthcare, commented: “Farid’s comprehensive healthcare operating, and financial investment expertise bolsters our ability to carry this momentum forward as we look for investment opportunities to deploy growth capital in the MENA and Southeast Asia regions. Farid will play a key role in our deal-making, capital formation and strategic partnership-building efforts – including our strong relationship and collaboration with GE Healthcare in the fields of oncology, cardiology and diagnostics across the MENA Region and Southeast Asia”.
TVM Capital Healthcare has a long track record of successfully investing in and growing specialty care companies with a strong ESG focus impact.
Mr. Fezoua will also become Chairman of the Board at TVM Capital Healthcare’s portfolio company, Manzil Healthcare Services, replacing the firm’s Operating Partner, Carl Stanifer, who will focus on TVM Capital Healthcare’s investment and company building plans in Southeast Asia.