Highland Capital Management Korea is an affiliate of the well-known American company Highland Capital Management LTD which is headquartered in Dallas, Texas. The company’s Korean affiliate has successfully closed on a private equity fund that will focus on health care and has secured capital commitments totaling $147 million. The National Pension Service of South Korea is the acting anchor investor for the project. Read this article at Dallas News.
The private equity fund created by Highland Management is a first of its kind equity fund focusing specifically on health care interests in Asia. And while an ever-increasing interest in the healthcare sector has been observed on the continent over the past two years, the majority of monies committed to the industry by Asian investors has been through direct means or by investing in multi-purpose equity firms.
Investors that have agreed to take part in the investment opportunity fostered by Highland Capital and NPS are doing so with the intent of achieving specific objectives in the healthcare industry in addition to seeing a positive return on their investments. These objectives include opportunities for future investments in the countries of China, Korea, as well as the United States.
Highland Capital has facilitated investment opportunities in the healthcare industry for more than three decades now and will work closely on their present project with Stonebridge Capital who will help with management of the fund.
Carl Moore is a managing director of Highland’s private equity group and says that the Korean fund will draw on the many years of expertise Highland has in the healthcare sector and will operate in line with the company’s core values. Moore goes on to explain that the fund will concentrate its efforts on investing in middle market healthcare companies doing business in Asia and North America.
About Highland Capital Management
Highland Capital Management is an investment advisor that is registered with SEC and has more than $15 billion in client assets under its control. Highland Capital maintains its primary base of operations in Dallas, Texas but also has offices in Singapore, New York, Seoul, and Sao Paulo. Learn more about Highland Capital at Affiliate Dork.