Money makes the world go ’round! American President Donald Trump’s plan to “Make America Great Again” might have just received some more funding from an Asian source. It is interesting to note that in February 2017 and May 2017, large Asian pension funds invested into America. Can Highland Capital help bridge the gap between ObamaCare and a healthcare plan that will actually work?
“Japan Pension Fund”
Let us start chronologically. In February 2017, Japan had suggested that it will invest in American infrastructure using monies from its Government Pension Investment Fund (GPIF). Japan is also interested in working with the US to advance projects in the fields of artificial intelligence, robotics and Information Technology. Americans hope this will create much-needed jobs.
“South Korean Fund”
In May 2017, Highland Capital raised $147 million to fund its South Korean healthcare investment fund. Key contributors included the South Korean National Pension Service (NPS). Therefore, in a matter of months, two key Asian allies have invested in the United States.
Could the timing have been any better? The most successful hedge funds are masters at timing. Highland Capital’s managing director and co-head of private equity Matt Jameson has stated:
“The healthcare industry in the U.S. faces a number of disruptive forces that acutely affect companies in the middle market.”
With the rejection of ObamaCare, the United States has a gaping hole in healthcare funding. Governmental funding sources have been shut off. The plan was to make it mandatory; now, healthcare in the United States remains voluntary.
By tapping into Japan and South Korean pensions, the United States can “keep the party going.” Unfortunately, the United States has become strapped for cash. With NAFTA manufacturing going overseas, the “sucking sound you hear are fewer jobs,” according to Ross Perot.
Asian investments into America will hopefully increase jobs. And, it must prevent more job losses. Already, numerous manufacturing jobs have left the United States for Japan and South Korea. There are ZERO television manufacturers headquartered in America. Guess where they are headquartered: Japan and South Korea. Highland Capital knows where the available capital is.