Highland Capital Management, L. P., an independently owned investment firm has more than 20 years of investment experience. The company has grown to employ more than 180 employees that are based around the globe. The company is based in Dallas, Texas with offices in Seoul, Singapore, Sao Paulo, as well as New York City. Highland’s client base includes high net individuals, governments, financial institutions, Corporations, Endowments and foundations and pension plans. The focus of Highland is to provide products that offer clients added value with unique products often designed with the client in mind. The company works to maximize returns while minimizing risk.
The company, which is a registered Security Exchange Commission (SEC) entity, manages more than $15 billion in assets. Highland offers alternative investments such as emerging markets, natural resources and long and short equities. Highland continues to expand their product line and did so by taking on several floating rate funds from CAM (Columbia Asset Management.)
Highland was also one of the first investment entities launching CLO’s (collateralized loan obligation). The company structures and monitors the CLO’s totaling more than $30 billion in assets. This makes Highland the largest CLO manager worldwide.
Highland got its start when Mark Okada and James Dondero implemented a partnership with a company named Protective Life Insurance Company. The partnership focused on fixed income markets, especially senior secured bank loans. Three years after forming the initial partnership, the entity morphed into PAMCO (Protective Asset Management Company ). It was an investment advisor, registered with the SEC, owned by Dondero and Okada and Protective Life.
As success spurred Highland growth, Dondero and Okada bought the stake Protective Life had in PAMCO and established Ranger Asset Management (RAM). The next year Ram changed its name to Highland Capital Management, L.P. The company has often led the industry in innovative investment products for its clients and continues to pursue new avenues of opportunities while protecting clients assets.
Despite its success, Highland is still growing and staying at the forefront of the industry. The team at Highland is always pursing excellence in investments and customer service. Highland truly puts its clients first and foremost.