Highland Capital Management, L.P. is a SEC-registered venture adviser. It has approximately $13.7 billion assets under management in collaboration with its affiliates. It has expertise ship and among the largest universal alternative credit managers. The company focuses on credit strategies, collateralized loan obligations and situations private equity. The company also deals with alternative investments which include short/long equities, emerging markets, and natural resources. Highland spread clienteles base includes foundation endowments, corporations, public pension plans, financial institutions, and high-net-worth individuals. The headquarters are in Dallas, Texas and got offices in Sao Paulo, Seoul, Singapore and New York.
The Journey to Success of Highland Capital
For the last twenty years, the company has evolved to become one of the largest universal alternative credit managers. The company came to be in January 1990, this is after the founding partners Mark Okada, and James Dondero merged with Protective Life Insurance Corporation. The joint venture focused on fixed income markets which include management of secure senior bank loans. After three years, the venture evolved into Protective Asset Management Company. PAMCO is a SEC-registered venture advisor which, 60% of Protective Life and 40% by the founding partners.
The Multi-Million Project
Highland Capital Management Korea Limited has bolted a healthcare-focused private equity fund which is worth $147 million in total capital commitments. The steering investor for the fund is National Pension Service, South Korea. The fund was valued approximately KRW 565 trillion which is equivalent to $499.8 billion. The self-determining wealth fund institute reports their amount as $465.13 billion.
The Objectives of the Project
The investors taking part in the Highland Fund with National Pension Services Korea have various aims to serve to increase the returns. The objectives include right of entry to opportunities for co-investments to aid their tactical objectives in China Korea and The United States. Stonebridge Capital is working with Highland in Asia which will co-manage the fund. The project will be Highland’s first healthcare- oriented private Equity Fund based in Asia