Highland Capital, a notable investment management firm based out of Dallas, Texas started an equity fund that is mainly focused on offering investment solutions to companies in the healthcare sector. The fund was an initiative of Highland Capital’s Korean office. The fund is said to account for a total of $147 million in investments. Read this article at PR Newswire.
The National Pension Service of South Korea is one of the leading investors of the healthcare fund, and is a billion-dollar company, looking to expand their reach into the healthcare sector. The investors who were part of this fund have a specific goal for the development of the healthcare sector which they want to implement, which is why they have partnered up with Highland Capital’s South Korean Office. In the past, Highland Capital has shown some incredibly promising returns on the investments that investors have been making, which has strengthened the faith that other clients have in them.
Highland Management will not be embarking on this venture alone. The company has teamed up with Stonebridge Capital, a South Korean based equity company that is known for managing funds in the healthcare sector. The deal marks the first venture that Highland Capital Management is making into the healthcare sector in South Korea. In fact, this is the first healthcare venture that the company is taking on outside of the ones that they have already partaken in, in the United States. The company has an incredible amount of experience working with the healthcare sector in America, owing to the extensive amount of clients that they have served. The company is looking to translate this knowledge to newer markets so that they can have a firm grasp over the profitable ventures in this fast-growing sector.
Since the company first came into existence, Highland Capital Management has served a broad range of clients coming to them from a variety of different sectors. With an incredible amount of experience in the field of alternative asset management, coupled with the drive and motivation to continually develop and learn, Highland Capital Management is soon becoming a financial company to be reckoned with. Read this article at Dallas News.
Kerrisdale Capital Management recently raised $100 million from investors to bet against a single stock. This was under the tutelage of their C.E.O Sahm Adrangi. The Kerrisdale is a special kind of hedge fund in that it plans to use the money to short the stock of the soon-to-be-unveiled public company. This is a departure from the normal practice of hedge funds which are usually raising money to focus on a specific investment thesis, for example, the restoration of distressed energy companies.
Kerrisdale is a rather small firm based in New York where it conducts most of its operations. The C.E.O recently wrote to the investors informing them of the large amounts of money they raised in a short period, with the company being worth more than $10 billion. Adrangi and Shane Wilson, an analyst, are preparing for the coming campaign on their website.
Kerrisdale manages about $500 million in total and is known to bet against companies such as drug makers – Sage Therapeutics and Zafgen. Statistics show that the company has had a return of approximately 25% over the last five years. Sam Adrangi, who is the founder and chief investment officer, has been instrumental in the success that the company has witnessed since it was founded in 2009. This can be shown by the over 150% increase in the amount of money managed.
Apart from the Kerrisdale, Mr. Adrangi is also known for short selling and publishing research. He made a name for himself by shorting and exposing fraudulent Chinese companies such as the Marine Food Group Lihua Company. Most of the companies he exposed faced enforcement actions from the Securities and Exchange Commission.
In recent years, Kerrisdale has focused in the biotechnology sector, and Mr. Adrangi has published widely on the research. Sahm Adrangi has also taken activism role in several investments such as his involvement with Lindsay Corporation management in 2013.
Mr. Adrangi began his financial career in credit at the Deutsche Bank where he advised creditors’ committees in bankruptcy. He has also been invited to speak in different public forums such as the Sohn Conference. Additionally, Sahm has appeared in interviews on CNBC and Bloomberg.
To Learn More : https://www.linkedin.com/in/sahm-adrangi-3548541
Ascendant Capital LLC is one of the most leading Alternative Investment Companies worldwide which gives diverse options for a wide investor base. The success of this company is credited to its founder, Jeffry Schneider, the man behind it all.
Schneider is from New York, and finished his Bachelor of Science degree in Amherst at the University of Massachusetts. Right after graduation, Jeffrey entered first as a rookie in prestigious financial institutions such as Smith Barney, and Merrill Lynch. Working in these reputable firms gained a lot of expertise and knowledge which help him establish his company now with expertise about alternative investments.
In 2002, he became part of the Axiom Capital Management team wherein he is ensuring that fund managers were the proper fit for the job. In addition, he also gives great advice about the best structure for the investment vehicles. Two years thereafter, he became one of the best advisers of Paradigm Global.
Then, Ascendant Capital in 2009 was born. His leadership was superb because, in just six years of existence, the company’s workforce reached more than thirty employees, and resulted to more than a billion dollars revenue. The culture of Ascendant Capital is primarily based on hard work, open communication, respect, and trust which is made the basis for their success.
Aside from being a busy professional man, Schneider is up to an active physical lifestyle. He has been participating in various Ironman competitions which made him tour around the globe. In total, he has completed around 1.2-mile swim, a 56-mile bicycle ride, and 13.1-mile run. Eating right and staying fit is also his main advocacies. Aside from this, traveling is his interests. He finds the traditional Thailand and Budapest his favorites. Jeffry Schneider is also a man with a big heart; he has philanthropy work too in organizations such as God’s Love We Deliver which is one of the many benevolent groups he is part of.