Highland capital management is apparently one of the largest forms of investments ever pursued in the United States. The most coveted company by Jim Dondero, with its headquarters in the populous sections of Dallas Texas, commands a huge base of clients all over the US. Texas, presumed by many as a utopia for investors, gives the company the ideal resources it needs to run effectively. However, the firm has been expanding its offices to other parts of the world, London, New York, and Singapore.
The company is an SEC- registered investment adviser with numerous services being offered to its clients. The company specializes in credit strategies like the credit hedge funds, long-only funds and separate accounts, distressed investment funds. The firm invest in global public equity and hedging markets aiming at leveraged loans, high yield bonds, and structured products. It commands a huge client base at the moment with total assets of about 20 billion US Dollars. The company also have hundreds of employees equipped with the relevant skill to offer assistance to their clients.
The company is never ceasing to expand and attract a larger client base. It is through the introduction of newer services and new techniques to provide quality output. In mid-2015, the company announced the launching of three new exchange-traded funds (EFTs). The three, designed with the assistance of HFR (Hedge Fund Research Inc.) recreate aggregate hedge fund positions in an EFT.it is already trading in New York Stock Market, which kick-started in June 2015. Earlier March 2015, the company launched Highland Alternative Investors, an alternative investment that will incorporate all of the company’s liquid alternative funds.
The successful operations of the company so far are attributed to the able management comprising of the one brilliant individual, James Dondero. He co-founded Highland Capital Management in 1993 along with Mark Okada. Currently, he is the president of the company. He handles ensuring execution of firm’s strategic investment and operational initiatives. Before joining the company, he was chief investment officer for Protective Life’s GIC growing the business from scratch to a $2 billion net worth. Mr. Dondero is also a member of nine boards in nine different organizations across 20 different industries. He is currently chairperson of Cornerstone Healthcare Group Holding Inc., Chairman Next Bank BSS, Chief Executive, and HCC Acquisition Company. Also, he is Director MGM Holdings Inc., Director, American Banknote Corporation, and Director Safety Kleen Inc.
Mr. Dondero management have brought up numerous awards to the funds he manages throughout his career. Some of his awards include the Lipper Awards for floating rate opportunities in 2014, Morningstar five-star designation for Global Allocation in 2014 and healthcare equity fund in 2014.
The University of Virginia Graduate who graduated with B.S in Commerce (Accounting and Finance) with 30 years experience in the industry has managed to steer the company into achieving its goals. His portfolio management experiences ranging from emerging markets, derivatives, common stocks, and mortgage-backed securities attest to how strongly coveted James Dondero is, and success of Highland Capital Management is a result of his expertise.