Highland Capital Makes Moves in Korea
Good things are happening for Highland Capital Management Korea, which is an affiliate of an L.P. with the name Highland itself. The goodness comes from a private equity fund worth 147 million dollars of committed effort. This is centered around healthcare, and that makes the benefits of the deal closed twofold.
A lot of this work is thanks to South Korea National Pension Service (NPS). It is the source of the funds for this deal. It has been around since 1988, and it is worth a little bit of money. The total of the NPS value falls under just half a trillion US dollars. Although, some establishments place the value of this organization around 465 billion dollars. Either way, it’s a lot of money. And, Highland Capital Management is fortunate to get on good side of NPS. Read this article at PR Newswire.
The purposes for making this deal are very strategic in their nature. But for the most part, it’s about seeing progress in the healthcare field while at the same time extracting profitable returns. This also offers a Highland a good opportunity to learn about co-investments to achieve mutual gains internationally. Specifically, the objective is to see progress and profits in Korea, China and United States.
As far as things go in Asia, Highland Capital will be cooperating with Stonebridge Capital to achieve these goals. Stonebridge is a Korean private-equity firm, which has experience in this field. This is a good thing for Highland Capital because this particular equity is the first venture with healthcare as its nature for the group, in this particular market.
This venture is somewhat of a first time for Asian investors as well, as they prefer direct or multi-purpose funds to invest in. Really, it’s all about helping the masses, as the investment funds for this collaboration focus on middle-market healthcare facilities. Making things work with NPS is pretty much a sure bet for Highland Capital. They have a lot of assets under management in many different projects.
It’s all about serving the good of the people, as America becomes more advanced or grey. This demographic in healthcare also proves to be a huge deal. This is on top of the fact that the subject of healthcare itself is quite the big to do in US politics, as way of life these days. This means a lot of work has to be done, and the simple fact is Highland Capital wants a piece of the action. Another factor to this projected success of this investment is the value-based return models that say things should go just fine. Read this article at Dallas News.