The Highland Capital Management Korea branch has closed one of their largest business deals in the country. The $147 million health care plan was closed to focus Highland Capital Management’s commitment to the industry. The National Pension Service in South Korea is the main investment platform that gave the special business opportunity to the Highland Capital Management South Korea branch. Incepted in 1988, the National Pension Service is valued at more than $498 billion. The sovereign Wealth institute reports their net worth at more than $465 billion. Read this article at investopedia.com.
Investors, along with the South Korea-based Highland Capital Management, have their independent objectives working with the NPS in this matter. This is because they deem this investment viable for future profit generation capabilities. This also has the inclusion of access to opportunities for their co-investment procedures in countries like China, South Korea, and the United States. In Asia, Highland Capital Management has decided to work with the Stonebridge Capital Company. This is one of the largest privately-held companies in the region. According to a recent statement made by the CEO of the company, this was one of the most sophisticated privately-held companies in the region. While many investors based in Asia are showing their interest in this sector, most of them are seeking their way into the multi-purpose funds.
The Highland Capital core capability is well aligned with the fund’s strategy. This action draws the deepest action for the fund in a manner that depicts their true business identities. The healthcare industry has exposed the company to the greatest forms of business proliferation strategies. According to the CEO of Highland Capital Management, healthcare is one of the few capabilities that are set to grow in future investment strategies.
The middle market is the primary target for this investment strategies. In May 2017, Highland Capital Management reported more than $15 billion profit for all their investment plans in the healthcare industry. According to Matt Johnson, the United States healthcare industry is facing many disruptive forces that will affect most of the middle-market facilities. He also said that the increased access to the healthcare providence in Asia would make it grow further in the coming years. Visit hcp.com to know more.