Highland Capital healthcare PE fund raises $147 mln

Highland Capital Management Korea Ltd, an affiliate of Highland Capital Management LP, said May 12 it closed a $147 million healthcare-focused private equity fund. The fund will invest in middle market healthcare companies in North America and Asia. South Korea's National Pension Service (NPS) served as the anchor investor. Stonebridge Capital, a Korean private equity and venture capital firm, will co-manage the fund. Highland said the PE fund is the first healthcare sector-specific undertaking in Asia.

15 May 2017•3 mins read
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