Highland Capital Management, a SEC registered investment advisor was founded in 1993 by Mark Okada and James Dondero. It is one of the globe’s largest alternative credit manager and is currently has over $15.4 billion assets under their management.
Services provided by Highland Capital Management
The company involves in a broad range of services which include the provision of credit strategies such as hedge funds, separate accounts, long only funds, collateralized loan obligations, and special situation private equity. They also offer alternative investments such as long/short equities, emerging markets, and natural resources.
Being comprised of most experienced global credit managers, Highland Capital Management client base includes financial institutions, governments, and corporations, funds of funds, endowments, public pension plans, foundations, and high-net-worth individuals. To serve their clients better, the company has its headquarters in Dallas, Texas with regional offices in San Paulo, New York, Singapore, and Seoul.
Highland Alternative Investors Tremendous Growth
Highland Alternative Investors is one of the Highland Capital Investment affiliates which manages small assets of about $55 million. During the close of business in 2016, the company realized a massive increase in funds which resulted from credit competency. According to the company’s CIO, Michael Gregory they were able to make lucrative partnerships with the pipelines after the oil price dropped. This resulted in massive returns, almost half of that year’s gains.
To realize success, the company’s management applies a refined management strategy which uses the top-down risk management framework. The portfolio risk targets and top-down risk positioning in outlined by the Portfolio Manager and the CIO. Through robust fundamental analysis, nimble trading capabilities, proactive diligence, and monitoring, the company can identify any possible mispricing. Additionally, they use of qualified professionals who have gained experience over the years.
In addition to providing financial services, Highland Capital Management is also actively involved in the community. The company’s employees participate in volunteer works, financial contributions to the local community and non-profitable organizations, and involvement in advisory boards. Over the years, the community has contributed over $10 million to charitable organizations worldwide.