Highland Capital Management was co-founded by two elite minds in the year 1993. The elite minds are James Dondero and Mark Okada. It prime focus is to provide credit advice, loan responsibilities, and credit hedge reserves. Overtime, the firm has developed to become a renowned alternative credit manager worldwide. Highland Capital Management has affiliates scattered globally. A summation of all assets owned by the firm and is affiliates is approximately $15.4 billion.
The key to a successful business is having a large and trustworthy client base. Highland Capital Management deals in diverse number of projects and hence has a varied client base. Its client base include rich entrepreneurs of high net worth, corporation, foundations and public pensions. Its headquarters are in Dallas, Texas. However, it also boasts already developed branches in other towns such as New York, Sao Polo and Seoul.
Highland Capital Management is also committed to the societies where their employees work, the needy societies and the societies around there firm locations. This is usually made possible through donations made to non-profit organizations and community organizations, setting up local award programs and competitions, voluntary services in institutions within the community and inviting some elite community members to be involved in their advisory boards.
Over the last decade, Highland Capital Management and its partner organizations have channeled up to $15 million to charities and non-profit organizations. Recently, Highland Small Cap Equity Fund a unit of Highland Capital Management made a shock rebound to the market. It generated up to 32 percent return to its investors. The credit goes to their board their management team who made a wise selection on the energy-stock. The massive 32 percent increase is triple the returns made the previous year.
An affiliate company of Highland Capital Management in Korea recently announced $147 million in full capital commitments from the closure of a healthcare private equity. Most investors who are part of the project of Highland Capital Management are there not only for the purpose of returns but also to open up avenues that could prove helpful in their strategic objectives in Korea. In Asia, Highland is looking to make their debut private equity fund by partnering with Stonebridge Capital.
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