Highland Capital Management has decided to close a healthcare-centered private equity fund with an amount of $147 million in capital commitments. South Korea’s National Pension Service was the main investor for the fund, and investors that were part of the investment have objectives within the healthcare space as well as investment returns.
Highland Capital Management will work with Stonebridge Capital Korean private equity firm, in order to co-manage the fund. This will be the very first private equity fund in Asia related to healthcare and most investments made so far have been on either a direct basis, or by way of multi-purpose tools. Healthcare is the main industry for exposure for the firm and Highland Capital Management has more than $1.5 billion in healthcare assets.
Highland Capital Management is located in Dallas, Texas and has offices in New York, Seoul, Singapore, and Sao Paolo. Highland Capital Management is an experienced alternative credit manager on a global scale and specializes in credit hedge funds, loan obligations, and credit strategies, to name a few. Highland Capital Management also offers alternative investments including natural resources, emerging markets, and long/short equities.
Highland Capital Management has a very diverse client market that includes corporations, financial institutions, fund of funds, high net-worth clients, pension plans, endowments, and foundations.
Highland Capital Management holds community in very high regard and invests in the communities where their employees not only work but live. The firm invests through generous volunteerism, financial donations, and advisory board involvement. Highland Capital Management donates not only to the local communities, but to national nonprofit organizations as well. To date, the firm has committed over $10 million to various charitable organizations all over the world and continues to be supportive of good causes.