Highland Capital Management is an investment management firm/ investment advisor that is registered with the Securities and Exchange Commission. It was founded in 1993 by Jim Dondero and Mark Okada. It has been named as one of the largest and most experienced alternative credit managers in the globe.
It has a market value of 2.401 billion dollars on its own and 15.8 billion together with its affiliates.
It has its headquarters in Dallas, Texas. They also have offices in Sao Paolo, Singapore, New York and Seoul.
Highland Capitals Management client’s base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments and high net-worth individuals. Their strategies include leveraged loans, high yield bonds, distressed credit, private and public equities, structured products, credit hedge funds, emerging markets and natural resources.
Highland Capital Management has invested in the communities where their employees reside and work. It aims to make a difference through advisory board involvement, volunteerism and financial donations to both local community organizations and non-profit organizations.
It has made a total of 10 million in donations since the year 2005. An example is the partnership that Highland Capital Management made with the Dallas Foundation to improve North Texas communities in 2016.
Highland Capital Management has invested in different sectors including healthcare, energy, real estate, financials and consumer discretionary.
Michael Gregory who is the Chief Investment Officer has greatly contributed to the company’s financial success by betting on stocks that turned out to be smart investments. Through the Highland Small Cap Equity Fund percentage that was allocated to energy stocks, the company made a huge profit, generating a 32% return for its investors. In fact, all the stocks into which a percentage of the fund was allocated generated a profit except the healthcare sector stocks.
Michael Gregory believes in the healthcare sector. He has a commitment to bettering the healthcare sector by investing in healthcare stocks that not only show promise of gainful returns, but that are good for the people. His dedication is displayed in a statement he made saying that the healthcare sector could make a tremendous rebound in 2017.
Highland Capital Management shows promise of a prosperous future under the careful guidance of Jim Dondero and Michael Gregory.