Highland Capital, The Investment Firm that Cannot Stop Winning

Highland Capital Management is an investment advisor and one of the largest alternative credit managers globally. Highland Capital was started by Mark Okada and James Dondero in 1993. It offers several credit solutions and products including collateralized loan obligations, separate accounts, private equity, and credit hedge funds. The company has made sizeable investments in the energy, healthcare, and technology sectors. Highland has holdings in alternative investments that include natural resources and emerging markets.

 

The clients of the firm comprise of financial institutions, foundations, governments, and pension plans. Its headquarters is in Dallas, Texas. It maintains offices in a couple of locations around the world including Singapore, Sao Paolo, and Seoul. Highland Capital rang the closing bell at the Nasdaq MarketSite in October last year. This was a celebration of the listing of their Highland iBoxx Senior Loan ETF. The ETF loan is managed by Highland Capital Management Fund Advisors. This is the retail arm of the firm. The bell was rung by Mark Okada who is the co-founder and CIO of Highland Capital.

 

The Highland Small-Cap Equity Fund was responsible for tripling the return of the S&P 500 in 2016. The fund generated a 32% return to investors from the energy stock picks that they made. The fund is managed by James Dondero and Michael Gregory. It has about $50 million in assets. The fund has refocused its efforts and has doubled down on health care this year.

 

Highland Capital Management is very active in philanthropy. It has supported various charities since it was founded. The firm has given $10 million to organizations all over the world in the past decade. Highland Capital announced a $1 million grant to support the Family Place a few months ago. The firm will match half of the funds raised to the tune of a million dollars until April of this year. The Family Place is an organization in Dallas that supports victims of family violence. The funds will go into supporting the construction of a Central Dallas Counseling Center which will help them to serve more victims. The donation was made by the Highland Dallas Foundation which is the charitable arm of Highland Capital.

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