Highland Capital Management located in Dallas, Texas is opening a healthcare fund with South Korea’s National Pension Service (NPS). NPS is on board with Highland on the 147 million-dollar fund as an anchor investor. NPS is valued at just under 500 billion dollars and shares Highland’s objectives to access healthcare investment opportunities in Korea, the United States, end China. Highland will also work with Korea’s Stone Bridge Capital a private venture firm.
Highland Capital Management is an alternative investment firm and this is their first venture into the Asian healthcare market. The healthcare market is one of Highland’s primary investment strategies and the new fund will target middle market healthcare companies in both Asia and North America. Highland now controls more than 1.5 billion dollars in healthcare assets in the United States. Read this article at Dallas News.
Highland’s management predicts disruption In the North American market due to the graying of America and the national opioid epidemic and the healthcare service demand in Asia becoming more complex due to government demands as an opportunity for healthcare investors.
In 2016 Highland Capital tripled the S&P 500 performance by its focus on energy stocks with a volume over price strategy. In 2017 Highland targeted healthcare in the United States and by October was reporting 25% gain. Highland was founded 20 years ago by James Dondero and specializes in alternative investing. It is independently owned and its strategies include distressed situations, healthcare, real estate, and emerging markets.
Highland’s founder James Dondero has over 30 years of experience from both equity and credit markets and he specializes in high yields and distressed investing. Mr. Dondero pioneered the collateralized loan obligation (CLO) market. He sits on the boards of NexBank, NexPoint Residential Trust, MGM, CCS Medical, and Southern Methodist University and more. Mr. Dondero is an honor graduate of the University of Virginia and he holds two majors in accounting and finance. Highland Capital Management has offices in Dallas, Texas, Seoul, South Korea, San Paulo, and Singapore. Highland holds over 14 billion dollars in assets and its one of the most respected investment firms in the world today. Learn more about Highland Capital at Affiliate Dork.