Vantage Capital, Africa’s largest mezzanine fund manager, has made a $28 million equity investment to acquire a significant minority shareholding in the Cliniques Internationales du Maroc Group (CIM Santé Group). The business was founded in 1994 by Professor Assad Chaara, an internationally renowned cardiologist who pioneered coronary angiography and catheterisation in Morocco, and the company has since grown into one of Morocco’s leading healthcare groups.

CIM Santé Group is mad...