Highland Capital Management is a reputable alternative credit manager and investment advisor. The company has offices across the globe in Dallas, its headquarters, New York, Seoul, Singapore, and São Paulo. As a SEC-accredited firm, HCM manages over $13.4 billion.
Highland Capital Management maintains its reputation through a wide range of credit strategies. These include credit hedge funds, separate accounts, distressed and special probate equity situations and CLOs (collateralized loan obligations). HCM is also reputable for alternative investments including long/short equities, natural resources, and emerging markets. Read this article at investopedia.com.
Highland Capital Management is dedicated to serving financial institutions, high net-worth individuals, and public pension plans. The firm has also received positive reviews from corporations, endowments, governments, funds of funds and foundations for its customer-oriented services.
It took Highland Capital Management over two decades to expand into the international alternative credit market. James Dondero and Mark Okada, who are HCM’s executives, are credited for the firm’s tremendous growth. It all started in 1990 when they signed a joint venture for fixed income markets with Protective Life Insurance. The joint venture was also included the management of bank loans: senior and secured ones.
HCM was established after the duo acquired Protective Life’s shares in Protective Asset Management Company to form Ranger Asset Management. Ranger Asset Management was renamed to HCM a year after the purchase.
As an independently-owned company, HCM is governed by a management team comprising of Mark Okada, the chief investment officer, and James Dondero, the president. The company also comprises of employees with a shared vision of producing above average and consistent results. This strategy is made possible by time-tested principles of alternative credit management.
Highland Capital values the communities where its professional team live and work. The company is also dedicated to improving these communities through financial donations, advisory board involvement, and volunteerism. HCM’s philanthropic interests lie in programs that support veteran’s initiatives, healthcare and education. Since 2005, such programs have received a total of $10 million from Highland Capital Management and its partners. The organizations that benefit from the fund include The Dallas Foundation and The Family Place. Visit hcp.com to know more.