Highland Capital Management is a Dallas-based investment adviser that is SEC-registered. It boasts of several affiliates including NexPoint Residential Trust, Highland Brasil, NexPoint Capital, Acis Capital Management and NexPoint Advisors. Together with all its affiliates, Highland Capital Management has nearly $14.8 billion in terms of assets under management.
HCM’s investment approach in credit mainly revolves around producing consistent, but above average returns. In fact, the company focuses on asset classes and strategies where it feels that it has the potential to add value to the investor through offering unique expertise and access to an asset class. With more than 20 years in alternative investing, HCM has redefined its process in a bid to produce more over time.
Mark Okada and Jim Dondero are the brains behind the inception of Highland Capital Management in 1993. James Dondero serves as the president and co-founder of the company while Mark Okada is the chief investment officer. They have played a vital role in steering Highland Capital Management to become one of the leading and most experienced alternative credit managers in the globe.
Services and Client Base
It specializes in a wide range of credit strategies including long-only funds and separate accounts, credit hedge funds, collateralized loan obligations (CLOs), distressed and special situations private equity and high yield bonds among others. Highland Capital Management also provides alternative investments such as long/short equities, emerging markets and natural resources. Additionally, the company has a diverse client base that comprises of funds of funds, public pension plans, endowments, foundations, governments, corporations among many others.
Community Support and Charity
For Highland Capital Management, the community matters significantly. As such, Highland Capital Management invests in the communities where its employees work and live apart from just the financial markets. The company is also devoted to creating a difference in the community through the advisory board involvement, financial donations and volunteerism to both national and local nonprofit organizations.
Since 2005, Highland Capital Management has partnered with various organizations and foundations such as The Dallas Foundation to spearhead its charity initiatives. As a result, the company has donated over $10 million to various organizations both locally and globally.