Highland Capital Management, a Dallas-based investment management and advisory firm, leads the investment sector by innovation and aggressive investment strategies. The company which is founded by Mark Okada and James Dondero as a mere startup in 1993, has grown tremendously over the last two decades, and currently, it holds assets more than $15.4 under its management. The leadership of the firm is futuristic and insightful, and that helped it to come up with innovative products and solutions with customization for clients. It started operations by targeting the fixed income markets that included senior secured bank loan management.
Highland Capital currently focuses on credit strategies, such as collateralized loan obligations (CLOs), credit hedge funds, special situation and distressed private equity, and separate accounts and long-only funds. Now, the firm is an industry leader in CLO operations, and as of today, it has structured or monitored more than $30 billion worth CLOs/CDOs. Interestingly, its every market portfolios and equity funds are providing excellent returns on customer investments. For instance, Highland Small-Cap Equity Fund has given three times the return of the S&P 500 Index in 2016. Michael Gregory, the fund manager of the Equity Fund, ensured some smart investments on energy stocks under the guidance of James Dondero, and that contributed half of the Equity Fund’s total return. Currently, Gregory is focusing on investing in the health-care sector considering the great rebound expected in the industry this year.
Highland Capital Management expanded its operations beyond the U.S., and it has offices in Seoul, Singapore, and Sao Paulo in addition to New York and Dallas. The firm also provides alternate investment options such as long/short equities, emerging markets, and natural resources. Highland Capital is also known for its philanthropic commitments and community support programs. The investment firm has set up a charitable arm called Highland Dallas Foundation, to administer the giving and the support works efficiently. In October 2016, the investment firm made an exclusive challenge grant program with “The Family Place” worth $1 million. The Family Place is a non-profit group which supports the victims of family violence by various means including counseling, shelter, legal support, vocational training, and job assistance.