How Highland Capital Management Remains At The Top

Highland Capital Management is a Dallas-based firm cofounded by James Dondero and Mark Okada. The firm is an investment advisor that is registered by the SEC. The firm has made a name for itself in the industry, currently managing an estimated $18 billion in assets. It is also home to what are considered the most experienced alternative credit managers globally. HCM is a global leader and a much-sought-after firm, judging by its track record of success.

Highland Capital Management specializes in various credit strategies. These include distressed and special situations equity, CLOs, credit hedge funds and long-only funds & separate accounts. The firm has also joined the list of the few firms that provide alternative investments. These are natural resources, emerging markets, and long/short equities.

The client has strived hard to build good working relationships with its clients. The long list of satisfied clients has kept the firm on the success path it now enjoys. The firm serves all types of clients, some of whom include governments, financial institutions, corporations, endowments, fund of funds, foundations, and high-net-worth individuals. The firm now enjoys a global presence, having set up offices in cities such as Sao Paulo, Singapore, Seoul and New York.

Highland Capital Management has a philosophy that is founded on three main principles; discipline, boldness, and experience. The firm has been in the industry since 1993 and its credit managers have a wealth of experience, ensuring they make the right decisions when it comes to investments. The firm was very instrumental when it came to the pioneering of the CLO market. To ensure they continue to be on top, the firm has adopted an approach to investment that sees the firm deliver consistent and above average returns.

The success of the firm is mostly attributed to one man, James Dondero. James, one of the firm’s co-founders and President, has proven his worth by guiding the company throughout all the milestones the company has achieved. Jim, like the other credit managers, enjoys a wealth of experience that spans over three decades in the finance industry.

Dondero undertook his undergraduate training at the University of Virginia, majoring in Accounts and Finance. Throughout his career, Jim has worked for notable companies that include American Express and Protective Life. He currently serves on the Boards of various firms.

Additional Links:

http://www.bloomberg.com/research/stocks/private/person.asp?personId=2159086&privcapId=37846394

http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/