Highland Capital was started by Mark Okada and James Dondero. It is a global alternative credit manager. The investment advising firm manages close to $15 billion of assets today. Some of the areas that the company specializes in include separate accounts, private equity, credit hedge funds, and collateralized loan obligations. They are recognized as a leading company when it comes to collateralized loans obligations since its founders are considered the pioneers of the option. Highland Capital has a diverse list of clients. They range from foundations and financial institutions to corporations and public pension plans. Its headquarters is in Dallas, Texas. It has opened several others in locations such as Singapore, Seoul, New York, and Sao Paulo.
The Highland Small-Cap Equity fund independently tripled the gain of the S&P 500 in 2016. The firm has become one of the most successful with only $55 million funds in assets. It is managed by Michael Gregory who is the chief investment officer of Highland Capital and James Dondero who is its president. Gregory said that the credit competency of the firm helped it to make early investments in 2016 when the oil prices were low. These investments made up half of the total returns of the fund last year. The fund’s made a 31% return compared to the 12% average returns across the S&P. The fund has made a sizeable investment in health care this year because of the public health epidemic facing the United States.
Highland Capital Management has committed to philanthropy. It has supported various charitable organizations. The firm has donated more than $10 million since 2005 to organizations located around the world. The company recently partnered with The Dallas Foundation to help raise funds for its wellness center. Highland Capital was present at the Nasdaq Marketsite at the end of the trading day in October last year. The company was commissioned by NASDAQ to ring the closing bell to mark the relisting of the senior loan ETF. The ETF is managed by Highland Capital Management Fund Advisors which is the retail arm of the firm. Mark Okada is the co-founder of Highland Capital. He rang the bell in honor of the occasion.