#Saudi Arabia #Riyadh #TVM Capital #Hamad AlDhewalia

TVM Capital Healthcare Appoints H.E. Hamad M. AlDhewalia as Operating Partner

TVM Capital Healthcare, a private equity firm dedicated to healthcare investments in developing markets, has announced the appointment of H.E. Hamad M. AlDhewalia as an Operating Partner. This move is significant not just for the firm but also for the broader healthcare landscape of Saudi Arabia, where the firm has been implementing innovative solutions to fill critical gaps in the healthcare system.

H.E. AlDhewalia has an impressive background, having served as Saudi Arabia's Vice Minister of Health Affairs and General Manager of Medical Services at Saudi Aramco. His vast experience spanning over four decades includes leadership roles in major healthcare institutions such as King Abdullah Medical Complex and Al-Ahsa Hospital. This experience equips him with a deep understanding of the Kingdom's healthcare needs, critical for implementing TVM's ambitious projects under Vision 2030.

In his new role at TVM, H.E. AlDhewalia is expected to leverage his expertise to further advance the firm’s investments in various sectors of healthcare, including specialty care, digital health, and manufacturing. His leadership comes at a time when the firm is doubling down on its commitment to improving healthcare access and quality in Saudi Arabia, a key element of the Vision 2030 initiative aimed at modernizing the Kingdom’s healthcare system.

TVM Capital Healthcare has a rich history of making impactful healthcare investments. It was the first international healthcare investor to maintain consistent operations within the Kingdom for the past decade. The firm has distinguished itself by identifying unmet medical needs and developing entrepreneurial solutions that are relevant not just regionally but on a global scale. Its innovative Afiyah Fund, dedicated exclusively to the healthcare sector in Saudi Arabia, recently closed with $254 million in commitments.

The introduction of H.E. AlDhewalia into TVM's leadership team signals a commitment to addressing healthcare demands with informed strategies and well-built partnerships. His vision aligns perfectly with TVM’s mission to deliver robust returns while also making a noteworthy impact on community health.

Dr. Helmut Schuehsler, the Chairman and CEO of TVM Capital Healthcare, expressed excitement about having H.E. AlDhewalia on board, stating, "With the acceleration of healthcare transformation in Saudi Arabia, his vast experience and dedication to public service will significantly enhance our capabilities. Our goal is not only to invest but also to build and improve healthcare solutions across the Kingdom."

Through various initiatives, TVM Capital Healthcare has successfully expanded the reach of critical services. Notable successes include the establishment of Cambridge Medical and Rehabilitation Center, now a leading provider of post-acute care, and ProVita International Medical Center, advancing long-term care for patients needing ventilation in Saudi Arabia for the first time.

Furthermore, through partnerships with prestigious global institutions like Spaulding Rehabilitation Network and Spectator Healthcare Technology, TVM has facilitated the transfer of essential knowledge and innovations into Saudi Arabia, leading to job creation and workforce strengthening.

The firm's commitment to investing in healthcare innovation reflects its broader strategy of providing operational support alongside growth capital. With headquarters in Riyadh, Dubai, and Singapore and managing nearly $500 million in capital, TVM Capital Healthcare is poised to make a significant impact on the Saudi healthcare landscape.

As he embarks on this new journey, H.E. AlDhewalia expresses his eagerness to contribute to TVM's evolving growth trajectory, aligning with his own passion for enhancing patient care and driving healthcare innovation. He remarks, "Joining this organization at a transformative time is an immense honor, and I am committed to utilizing my experiences for the betterment of health services in our region."

In conclusion, the appointment of H.E. Hamad M. AlDhewalia to TVM Capital Healthcare’s leadership not only marks a strategic enhancement of the firm but also reinforces the ongoing evolution of healthcare in Saudi Arabia, reflecting the comprehensive aspirations set forth in Vision 2030. With insights from seasoned professionals like AlDhewalia, TVM Capital Healthcare is set to address the critical healthcare needs of the Kingdom effectively.