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.