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HighLight Capital (HLC)

Kingmaker TierBased on the data VC Catalog holds.

Kingmaker Tier: 69 out of 100

Also known as HLC VGC, HLC VGC Fund IV L.P.

  • Biotech & therapeutics
  • Care delivery & digital health
  • Health IT
  • Medical devices & diagnostics
  • Mental health & wellness
  • Women's & family health
  • VC
  • B2B
Investor type
VC
Investing status
Activeas of 2026-09-17
Headquarters
George Town, Cayman Islands
Assets under management
$3.8BStated by firm, as of 2026-09-17Source (opens in a new tab)
Latest fund size
$600MForm ADV gross asset value, as of 2022Source (opens in a new tab)
Funds
4
Legal name
HLC VGC MANAGEMENT IV LIMITED
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Record updated 29 September 2026

About

HighLight Capital (HLC) is a private investment firm dedicated to creating long-term values through promoting technology innovations. Empowered by our deep knowledge in chemical, biological and material sciences, and leveraging our proprietary industry research and comprehensive enablement services, we strive to invest in companies that boost manufacturing efficiency and improve human wellness. HLC currently manages over US$3.8 billion, with operations across in key financial hubs, such as Tokyo, Shanghai, Hong Kong and Boston.

Investment approach

Thesis
Pragmatic and diversified value investment methodology driven by specialized fundamental industry research and independent analysis.Source (opens in a new tab)

Funds

HLC VGC Fund IV L.P.
Vintage 2022Main fund
HIGHLIGHT CAPITAL PARTNERS I L.P.
Main fund
HL PARTNERS II L.P.
Main fund
HLC PARTNERS III L.P.
Main fund

SEC registration

Registered adviser
HLC VGC MANAGEMENT IV LIMITED
SEC file number
802-128022
Registration
Exempt reporting adviser
Regulatory AUM
$1.4Bas of 2026-03-26
Private funds reported
4
Principal office
GEORGE TOWN, Cayman Islands
SEC CIK
1926309

Locations

Office
Boston
Office
HongKong
Office
Shanghai
Office
Tokyo
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