TVM Capital Healthcare, a global private equity firm specializing in emerging market healthcare, has announced the appointment of Jad Halaby as its new Operating Partner. This strategic move leverages Halaby’s two decades of experience in building and expanding healthcare platforms across the Middle East and Saudi Arabia. His appointment is set to bolster TVM's mission of scaling transformative healthcare companies throughout the region, aligning with significant national development goals.
A Strategic Role in Regional Expansion
In his new capacity, Jad Halaby will play a pivotal role in supporting TVM’s strategy to develop and scale impactful healthcare platforms across the region, with a particular focus on the Kingdom of Saudi Arabia. His deep regional knowledge and proven execution capabilities are considered key assets for the firm’s growth ambitions. This appointment underscores TVM's commitment to strengthening its operational expertise on the ground to drive meaningful change in local healthcare ecosystems.
Halaby currently serves as the Chief Executive Officer of Baraya Extended Care, a portfolio company of the TVM Healthcare Afiyah Fund. In this role, he is spearheading the development of a 650-bed network of extended care hospitals and a chain of outpatient rehabilitation centers across Saudi Arabia. This significant undertaking directly contributes to the healthcare objectives outlined in Saudi Arabia’s Vision 2030 by expanding access to specialized post-acute care.
A Proven Track Record of Leadership
Mr. Halaby’s career is marked by a series of successful leadership positions that have shaped the region's healthcare landscape. He previously served as Managing Director for Cambridge Medical & Rehabilitation Center (CMRC), a former TVM Capital Healthcare portfolio company. During his tenure, he was instrumental in establishing one of the Kingdom’s pioneering inpatient rehabilitation platforms, setting a new standard for specialized care in the country.
His leadership experience also includes his time as Managing Director of Manzil Healthcare Services (MHCS), another TVM portfolio company. At Manzil, he successfully scaled home-based medical and rehabilitation services for both adult and pediatric patients across the GCC. This work was crucial in diversifying care delivery models and bringing essential medical services directly to patients' homes, enhancing convenience and accessibility.
Prior to these roles, Halaby held executive positions at Air Liquide Healthcare, a global leader in chronic disease management and medical services. His work there involved overseeing healthcare management and operations across the MENA and GCC regions. This experience provided him with a comprehensive understanding of patient follow-up protocols and the logistics of supplying medical gases and services to major hospitals.
Enhancing Healthcare Infrastructure
The addition of Jad Halaby to the TVM team is expected to significantly enhance the continuity of care across Saudi Arabia. His distinct operator-focused approach and deep understanding of regional market dynamics are invaluable assets for the firm. This expertise will be crucial in navigating the complexities of the evolving healthcare sector and ensuring the successful implementation of large-scale projects that meet international standards.
TVM Capital Healthcare’s model uniquely combines hands-on operating experience with disciplined investment strategies to foster growth. The firm’s Operating Partners and Senior Advisors bring decades of leadership in scaling healthcare platforms, managing major hospital facilities, and integrating digital health technologies. This integrated approach helps transform promising healthcare companies into institutional-quality platforms capable of delivering sustainable, large-scale impact on patient care and outcomes.
Ultimately, Jad Halaby's appointment as Operating Partner marks a significant milestone for TVM Capital Healthcare and its portfolio companies. His extensive background and leadership are poised to accelerate the development of robust healthcare infrastructure in Saudi Arabia and the wider Middle East. This strategic enhancement of the firm's operational leadership reinforces its commitment to building a more accessible and high-quality healthcare future for the region.