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German-US Techno Venture Management strengthens healthcare expertise

Techno Venture Management (TVM), the German-US venture capital firm, has appointed Peter Hoffmann-Fischer as senior advisor for corporate finance strategy in its life sciences team.

Hoffmann-Fischer joins TVM from Robertson Stephens' European investment banking operations in Munich where he was a managing director with responsibility for the firm's technology and healthcare practice in continental Europe.

‘Our senior advisers provide valuable advice to our deal team in making investment decisions, and contribute to corporate development and financial strategy decisions in our portfolio,' said Dr. Helmut Schuhsler, managing partner and head of the life science practice.

‘Peter's expertise in corporate finance will be of great value to us and our portfolio companies, particularly as we continue through this challenging financial market environment,' Schuhsler added.

TVM was one of the first venture capital firms formed in Germany and is currently investing capital raised in its fifth fund. TVM has made over 200 technology and life science investments in Europe and the US since 1983.

The life sciences sector has remained relatively buoyant despite the pervasive sense of gloom that has coloured the venture capital industry since the technology bubble implosion in 2000. TVM joins a growing number of private equity firms who have bolstered their healthcare expertise over the past 12 months, reflecting comparative optimism in the sector.

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