Highland Capital Management, L.P was started in 1993 by Mark Okada and Jim Dondero. It is an alternative investment management company with a net worth of billions of dollars, and in 2014 the assets under management amounted to around $18.7 billion. The firm is headquartered in Dallas but has offices in New York, Singapore, and London. It manages distressed investment funds, structured investments, and hedge funds. Highland Capital invests in fixed income, hedging markets and global public equity and specializes mainly in leveraged loans, structured products, and high yield bonds. Read this article at Dallas News.
Highland Capital Management manages Highland distressed Opportunities, Highland Credit Strategy Fund, and many more closed-end funds. It also sponsors the George W. Bush Presidential Center, and it gave the center a $10 million endowment to support several programs. George W. Bush Presidential Center is a complex that includes various amenities such as a library, museum, Policy Institute and offices of the foundation. It opened on 25 April 2013, and its location is the Southern Methodist University (SMU).
In 2017, Highland Capital was ready to buy and expand a hedge fund focused in Argentina and managed by MBA Asset Management, an Argentine fund firm. Highland planned to position the fund ahead of the October midterm elections. At the time, the fund had invested about 20% in stocks but hoped to increase the amount to 40% if it reached a bullish position. Highland’s assets under management during this contemplation stood at $80 million, but if fundraising was successful, the amount was expected to increase to around $400 million.
At Highland Capital Management, client relationships are service-oriented, highly-valued and personal. The company prides itself on winning the confidence and trust of its clients which has enabled it to serve them for nearly three decades. It invests in long-term client relationships by acting as partners and educators in the investment process. At Highland, the philosophy is that they can capture various factors affecting the market if they utilize the team approach in which they believe. They also hold the belief that value preservation in robust markets is the key to long-term prosperity. Learn more about Highland Capital at Affiliate Dork.