Highland Capital Management, founded in 1993 by James Dondero and Mark Okada, has grown to be one of the main and most recommendable global credit managers. It is an SEC-registered investment adviser and when combined with its affiliates, it has over $15.4 billion assets under its management. It mainly focuses on credit strategies, such as hedge funds, separate accounts, long only funds, special situation private equity, distressed and collateralized loan obligations. Other than that, it also provides alternative investments, including long and short equities, emerging markets, and natural resources. The firm has a diversified client base which includes public pension plans, endowments, financial institutions, foundations, fund of funds, corporations, high-net-worth individuals as well as the government.
Highland Capital Management headquarters are in Dallas, Texas. It has offices in Singapore, New York, Sao Paulo and Seoul. The firm cares more about the community and for this reason they invest more than just in financial markets. They have invested in communities and is committed to making a difference in the way people live by offering voluntary services, advisory board involvements as well as giving financial donations. These benefit both local organizations as well as non-profit startups. More than $10 million has been donated by the firm towards organizations around the world.
Very recently, the firm partnered with The Dallas Foundation to see to it that communities in North Texas were improved. James Dondero, the President of Highland Capital Management is known for his proactive management approach towards giving to charities. He clearly has a heart for the locals, and the communities where his employees live since most of his investments and donations are directed towards these communities.
The firm adopts an investment approach that is based on production of consistent, above average returns. This is achieved by the application of time-tested principals, maintaining discipline in capital preservation and also targets an appropriate return balance in their portfolios. They focus mainly on strategies and asset classes since these are the areas where they feel they can add significant value by providing unique skills or expertise to the investment process. Their experience of over 20 years has led to the refining of their processes to provide more and better results over time.