Highland Capital Management, L.P. is a leading American investment advisory firm with its headquarters based in Dallas, Texas and regional offices in New York, Sao Paulo, Singapore, and Seoul. The firm is SEC-registered and is an expert in offering credit strategies, including credit hedge funds, long-only funds and separate accounts, private equity, collateralized loan obligations, and alternative investments. Their clients range from the government, public pension plans, foundations, and financial institutions.
Foundation and Growth
Highland Capital started in 1990 as a partnership between co-founders James Dondero and Mark Okada in collaboration with Protective Life Insurance Corporation. The enterprise mainly focused on money markets such as the management of senior secured bank loans. Three years later, the business progressed to become Protective Asset Management with Protective Life Insurance Corporation owning 60 percent of the stakes and the co-founding partners James and Mark owning the rest. In 1997, James and Mark bought all the shares owned by Protective Life Insurance, formed Ranger Asset Management, and later rebranded it to Highland Capital Management. The company has since expanded in leaps and bounds to turn into one of the largest collateralized loan obligation managers with almost $15.4 billion assets placed under its watch. With over 20 years’ experience and top-notch research professionals, the company has continued to create unique products through market surveys to help their clients in risk management. Highland has become one of the renowned asset management firms worldwide.
Philanthropy and Awards
Highland Capital has been actively involved in philanthropy mainly focusing on education, veteran’s programs, violence eradication, and health care. Highland capital together with its staff is passionate about impacting positive influence to the community as well as national non-profit organizations by volunteering, donating funds, and participating in advisory boards. Since 2005, the company has contributed an excess of $10 million to charity. Following their impeccable experience, Highland Capital together with its affiliates has received several awards, including being named as one of the pleasant places to work by Dallas Business Journal in 2015 and was awarded two honors during 2016 Alt Credit Intelligence U.S. Performance Awards.