An affiliate of Highland Capital Management out of Dallas, Texas out of Korea has closed a private equity fund that was focused on healthcare with capital commitments totaling one-hundred and forty-seven dollars. The fund’s anchor investor is the National Pension Service of South Korea. Valued at an estimated four-hundred and ninety-nine billion dollars at its 1988 interception with a four-hundred and sixty-five billion corpos reported by the Sovereign Wealth Fund Institute. Read more about Highland Capital at prnewswire.com.
There are objectives in addition to return on investments for the investors in the NPS Korea segment of the Highland fund in the area of healthcare. In an effort to severe the strategic objectives in the U.S. China and Korea co-investment opportunity access is included. In Asia the fund will be co-managed by Stonebridge Capital, which is a private venture capital and equity firm.
This will be the first private equity firm focused on healthcare for Highland Capital Management in Asia. The majority of investments have come from multipurpose funds or been made directly though over the last two years an increased amount of interest has been seen in the sector from Asian investors. Highland has a lot of expertise when it comes to healthcare, not only is it the largest industry they are associate with but it makes up over half of the fifteen years of private equity.
Asia and North America’s healthcare companies that are considered to be middle market wil the primary targets for investing. There are several fund structures and classes of assets in the one and a half billion dollars of healthcare assets that Highland Capital has under its management. There are emerging markets, natural resources, short and long term equities offered by Highland. Visit highlandcap.com to know more.