Highland Capital Management’s alternative investment management firm, Highland Capital Management Korea Ltd finalized a healthcare private equity fund with a whopping $147 million in total capital commitments. The private equity fund that focuses on the healthcare sector is the first project between Highland and Asia.
National Pension Service (NPS) of South Korea was the main investor in the private equity fund. The investors involved in the private equity fund proposed their specific objectives apart from the investment revenues. They wanted easier access to opportunities for co-investment to enable them to facilitate their objectives in the U.S, Korea, and China. Read more about Highland Capital at prnewswire.com.
Highland Capital will collaborate with Stonebridge Capital to co-manage the funds. Stonebridge Capital is a well-known private equity fund and venture capital firm of Korea. Highland will benefit from the partnership because the strategy of the fund is associated with the firm’s capabilities. Additionally, Highland Capital has a track record of over 15 years that is associated with healthcare companies.
The middle market healthcare sectors in both Asia and North America will be the target of the fund. Even though the healthcare sector faces difficulty that often affects the middle market companies, an evolution in reimbursement models will benefit the healthcare sector significantly.
Insights of Highland Capital Management
Highland Capital is a famed SEC-registered investment adviser located in Dallas. The firm has offices in Singapore, Seoul, and New York. It has a broad client base including high net-worth individuals, corporations, endowments, financial institutions, and public pension plans. James Dandero and Mark Okada established Highland in 1993.The firm has expanded to become the best global alternative credit managers. Highland is valued at approximately $15.4 billion of assets under management together with its associates.
The Services of Highland Capital
Highland specializes in providing credit services like credit hedge funds, and collateralized loan obligation (CLO as well as long-only funds and separate accounts. Besides financial markets, the firm invests in the communities that its employees work and life. Highland is dedicated to improving their lives by encouraging volunteer programs, donating money to community organizations and the state non-profit organizations. Highland and its affiliates have contributed over $10 million to organizations globally since 2005. Visit highlandcap.com to know more.