Highland Capital has established an affiliate company in South Korea known as the Highland Management Korea Ltd. South Korea based company has signed up a deal worth $147 million with a healthcare private equity fund. The amount is a total capital commitment made by the company and its associate. The fund is a government initiated program sponsored by the South Korea National Pension Services(NPS) which was first initiated in 1988 and it is valued at approximately $500 billion. This is therefore just, but a first phase and many opportunities are yet to be realized. Read this article at investopedia.com.
The Highland Capital Company investment has teamed up with the South Korean government to realize some key objectives in the healthcare sector in the country. Some of the key objective that the partnership aim at realizing include access for opportunities for co-investment to meet their important objectives in the country and other places including China and the United States of America with ease. For instance, Highland Capital has already established a partnership in the Asian Countries. A Korean private firm known as the Stonebridge Capital will be a key gateway in the company’s entrance to Asia, and it will be tasked with co-management of funds. Highlands Capital is the first company to venture into the healthcare industry in Asia.
The fundamental targets of the Highland Capital will be the middle-level healthcare companies in Asia and North America. By the end of Highland Capital had made drastic improvements in the regions and had more than $1.5billion assets under their management. According to Matt Jameson, the Managing Director and the co-head of private equity at Highland Capital, the challenges faced by the healthcare industry in the United States affects other companies in the Middle Market. Highlands Capital has stepped in into the Asian market because of the great opportunities for healthcare investors and both the government demands and the consumer needs on healthcare investment.
Highland capital is an SEC-registered investment advisor who has dominated the United States market. The main headquarters is found in Dallas, Texas but has other offices in New York, Sao Paolo and Singapore company have over $18 billion of assets that it is managing across the United States.Th company was founded in 1993 and has over 20 years experience in investment management. The founding fathers James Dondero and Mark Okada have managed to breed one of the largest and most experienced global management firms. The organization also specializes in offering credit services such as the credit hedge funds, distressed funds and special situation privacy funds and also the collateralized loan obligations. The company also offers their services to a variety of clients including pension schemes, governments, financial institutions, corporations, endowments and many others. Visit hcp.com to know more.