Highland Capital Management is a retail and institutional investment firm based in Dallas, Texas. It offers investors “Open-End Mutual Funds” and “Exchange Traded Funds (ETF)”. These are invested in a range of alternative asset classes. The funds are managed through its subsidiary, Highland Capital Management Fund Advisors, L.P.
The Highland Capital platform was established by James Dondero and Mark Okada in 1993. The first asset they traded was leveraged loans. Other assets classes it now trades include real estate, structured credit, high yield credit, public equities, fixed income, special situations, and private equity. See Related Link for more information.
Highland Capital invests globally with many of its investment strategies including assets in developing markets. Other cities Highland Capital Management has offices in beside Dallas include Singapore, Seoul, Buenos Aires, and Rio de Janeiro.
Highland Capital Management invests in communities as well. It operates a philanthropic arm that has provided money to support education, families, civic institutions, and military and veterans initiatives. Organizations it has provided funds to include the Dallas Zoo, Education is Freedom, The Family Place, Capital for Kids, the Perot Museum of Nature and Science, and the SMU John Goodwin Tower Center for Political Studies Dedman College.
James Dondero has been in the financial industry since the early 1980s. He has vast experience working in credit and equity markets. His specialties include distressed investing, collateralized loan obligation (CLO) and high yield credit. He was one of the CLO market pioneers in the 1990s. Other products James Dondero has developed at this company include REITS, hedge funds and private equity funds. Click Here for more information.
His career started when he was hired as an analyst by JP Morgan in 1984. He later worked for American Express and the GIC subsidiary of Protective Life. He is a graduate of the University of Virginia where he earned degrees in accounting and finance.
See also: https://www.highlandfunds.com/