Dallas-based Highland Capital Management L.P. has moved their objective of increasing access to financial opportunities in Asia forward. Through their subsidiary Highland Capital Management Korea Ltd., Highland finalized a healthcare-focused private equity fund with the National Pension Service (NPS) of South Korea.
The fund is valued at $499.8 billion with a total capital commitment from Highland of $147 million. That is an significant amount. Highland will be working with Korean private equity and venture capital firm, Stonebridge Capital. This strategy is keen for opening the market of accessibility to countries such as South Korea, China, and the United States. Read this article at investopedia.com.
According to managing director and co-head of Highland’s private equity group, Carl Moore, the largest industry exposure has been healthcare for the past 15 years. This strengthens their credibility, expertise, and precision in this field.
The middle market healthcare companies of Asia and North America are the primary targets. According to Matt Jameson, managing director of private equity at Highland Capital Management, believes the healthcare industry will encounter, more or less, “disruptive forces” that will gravely affect middle market companies. What better way to get in front of a disruption then getting involved and increasing your exposure, setting up your company’s position to influence the trend, cultivate the movement. Ultimately, this helps the clients achieve their goals. Visit hcp.com to know more.
Highland Capital Management L.P., founded in 1993, is an established SEC-registered investment adviser who has, cumulatively, roughly $14.0 billion of assets under management (AUM). Highland specialize in credit strategies. For example, they are experts at distressed and special situations private equity, collateralize loan obligations (CLOs), separate accounts and long-only funds, and credit hedge funds.
Highland has myriad of clients which include governments, foundations, public pension plans, endowments, financial institutions, corporations, fund of funds, and individuals with substantial net-worth.
Always thinking of their employees, Highland Capital Management and their partners have invested over $10 million in the communities where their workers live and work since 2005.