Highland Capital Management was founded in January 1990 by James Dondero and Mark Okada. It is headquartered in Dallas, Texas and has offices in Singapore, Sao Paolo, New York, and Seoul. Highland is known to be one of the biggest and experienced international alternative credit managers.
Highland Capital Management focuses mainly on credit strategies like collateral loan obligation, distressed loans, credit hedge funds and long-only funds. In 1993, they had established themselves and come up with Protective Asset Management Company.
In 2000, Highland came up with an alternative investment 40 Act platform and also came up with the first commingled bank loan. It has expanded over the years by entering into a partnership with Columbia Asset Management which they acquired two floating rates from them.
The company has also excelled in the market of collateral loan obligation that was introduced in 1996. Thanks to that brilliant products, they have now monitored CLO and its structures of over $30 billion making them one of the biggest CLO managers around the globe.
Its success can be attributed to its ability to offer investors with alternative investments by researching on upcoming markets, natural resources, and short/long equities. They have also tried to diversify their client base, and their customers include corporations, foundations, financial institutions, government, and big investors
It has grown to employ over 180 individuals across the globe who strive to give better and quality services and products to the investors. They also try to come up with new opportunities that can protect their investors and this is ensured by their employees who have enough experience in monitoring market trend and evaluating investments that they have and such for more opportunities for their investors. They try to put investors in the fore front by helping them to take their risk and achieve their goals by coming up with value-oriented investments opportunities and also assist them in with new strategies.
Highland Capital Management is known to give back to the communities through their employees’ volunteer activities and offering advisory on credit, and also they donate to nonprofit organizations and community organizations. Highland Capital stands out from other credit managers for being able to provide investors with value services and products.