With extensive knowledge of the financial industry, Mark Okada and James Dondero jointly founded Highland Capital Management. Since its emergence in 1993, Highland Capital has been at the forefront in developing the Collateralized Loan Obligation (CLO) section.
Indeed, the company brings forth innovative solutions tailored to the credit market. Some of the highly considered solutions are private equity funds, exchange-traded funds (ETFs), mutual funds, and real estate investment trusts (REITs). Through James Dondero’s innovation, Highland Capital Management was able to design the premier software with an innate ability to track loan portfolios electronically. JP Morgan Chase bought the rights to this software in 2003.
Jim Dondero juggles his time between being Co-Founder and President at Highland Funds, President at NexPoint Advisors, Chairman of NexBank, Chairman of Cornerstone Health. But his beginning, as an analyst in the training program of Morgan Guaranty, was humbler. Between 1985 and 1989, he ascended to become a Corporate Bond Analyst, followed by Portfolio Manager, within American Express. Furthermore, James Dondero flaunts, curating his career as the Chief Investment Officer of Protective Life between1989-1993.
In 2004, Highland Capital Management acquired Columbia Management Advisors, followed soon after that by the acquisition of Nexbank. One year later, Highland Capital acquired the Europe-based ING Capital Management. Concerning distressed debt investments, James Dondero’s company has been engaged in a few significant reorganizations and bankruptcies, such as Delphi’s reorganization in December 2006 and Bridge Information Systems’ bankruptcy in 2001.
Highland Capital Management, the firm with a global outlook, has Dallas, Texas, for its headquarters. It also has increased its marketability in New York City, Buenos Aires, Sao Paulo, Singapore, and Seoul. According to its records, in 2018, Highland had almost $14 billion of assets under management. In September 2016, the Highland Global Allocation Fund was estimated to be worth $947 million. The funds have continued to rise and Highland Capital will grow to greater heights. See this page on Twitter, for more information.
View their LinkedIn profile on https://www.linkedin.com/in/jamesdonderohcm
We’re pleased to announced that the Highland Capital Management platform made @pensionsnews 2019 list of Best Places to Work in Money Management!https://t.co/PemxbAkJrD
— Highland Capital Management (@HighlandCapMgmt) December 10, 2019
