Managing assets of some $14 billion, Dallas-based Highland Capital Management is among the largest investment management firms in the United States. It has also established a world presence with offices in Sao Paula, Buenos Aires, Singapore and Seoul.
Highland Capital has garnered a unique reputation as an alternative investment operation that manages hedge funds, mutual funds and various structured investment vehicles.
The firm was established by two men, James Dondero and Mark Okada, in Los Angeles. The year was 1993. Shortly after, the partners opted to relocate to Dallas to take advantage of the robust and vibrant investment environment of that key Texas city.
Mark Okada recently announced his retirement from Highland Capital Management. James Dondero will take on the duties of Mr. Okada going forward. Much of the rapid growth and reputation of Highland comes by way of Jim Dondero’s knack for innovation. He is renowned as being a pioneer in the Collateralized Loan Obligation (CLO) market. He has also broken new ground in the realm of credit-oriented solutions for retail and institutional investors. Find Related Information Here.
Highland Capital Management handles the Highland Floating Rate Opportunities Fund, a closed-end fund. It also manages the BB Highland Floating Rate Fund, the latter of which represented the firm’s entry into the European market in 2014. The BB fund was established as an Irish Qualified Investor Fund. It was inspired by and seeks to replicate the Highland Floating Rate Opportunities Fund.
Highland Capital Management vehicles have won a number of awards over the years. A recent example is the “2014 Lipper Award for Highland’s Fund Class Z”. It was named the “Best Participation Fund” over a period of three years.
Highland Capital Management has been determined to be a good neighbor and outstanding member of the Dallas-area business community and social milieu. The firm engages in significant philanthropic giving to local civic and charitable causes. See This Article to learn more.
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