Sometime in 1993, two business-oriented individuals came together with an idea that would not only change their lives but the lives of many others. These two men were non-other than James Dondero and Mark Okada. And their partnership led to the founding of Highland Capital Management, a privately owned asset management located in Dallas Texas. Visit jimdondero.com to know more about him.
Highland Capital Management also has interests in other areas of business and not just asset management. Some of these areas include hedge funds, mutual fund, structured investment vehicles, fixed income markets (i.e. leveraged loans), high yield bonds, structured products, and investment funds. Today, Highland Capital Management has well over $14 billion in assets and the value keeps on improving.
The latter is just a testament to their amazing work ethic as well as amazing results. The privately owned firm also has branches in different major cities in the world including Sao Paulo, Seoul, New York City, Singapore, and Buenos Aires among others. The latter was to ensure that prospective clients from all over the world can gain access to their high-quality services without having to strain a lot. Read more at Wikipedia about James Dondero.
Another area that Highland Capital Management tends to be very interested in is none other than acquisitions. In 2004, the privately owned firm acquired Nexbank and a year later, made a move that’ll see them expanding into Europe through the acquisition of ING Capital Management.
The privately owned firm didn’t stop right there because they also went ahead to acquire Cityplace Tower which was formerly owned by none other than Parameter Reality Partners and Angelo, Gordon & Co in what went to become a historic purchase in Dallas Texas in 2016.
Business aside, the privately owned firm has over the years maintained a keen eye on the public. And the latter explains why they set aside a $10 million that was primarily used for the benefit of the public.