Stephen Rotella: The Brick of Stone Castle

The company Stone Castle Insured Cash Sweep LLC. is revolutionary in every sense of the word. Since its inception, the company has revolutionized the way institutional investors consider using deposit technology. Recently, the company has acquired another company called Intermedioum Financial LLC. The purchase of Intermedioum solidified StoneCastle’s position as a leading deposit provider to institutional investors. Furthermore, StoneCastle has delved further into their market by tapping into financial advising, 401ks and so forth and more important click here.

Much of the success of Stone Castle can be attributed to Stephen Rotella who championed his company into the plains of prosperity. Ever since his company began, it has placed a stronghold on their industry. In terms of success, Stone Castle’s competitors pales in comparison. Also, this technology driven business shows no signs of slowing down. In fact, they are expanding and future growth can be expected. The main premise of StoneCastle is to serve as an asset to their collaborators and learn more about Stephen.

In addition, Stephen Rotella’s contributions to the company are praiseworthy. Each day, Rotella is responsible for maintaining the company’s core standards. He is also responsible for moving the company in the right direction. The verdict is so far, so good. StoneCastle is synonymous with both community and regional banks. For 30 years and running, Rotella brings a wealth of experience to the table. His career consists of strategic management in the banking and financial industries. Prior to StoneCastle, he was a CEO at JP Morgan.

Rotella’s resume also consists of serving the community and helping those in need. Due to his efforts, thousands of people can attest to home ownership and art funding. In fact, he currently leads an organization called Lift communities. Lift Communities is an organization with the aim to break poverty for parents and the youth nationwide. Rotella’s background as a CEO was initiated shortly after he graduated from the State University of New York. Under his watch, StoneCastle has gone from had $100 million dollars in assets to about $11 billion dollars in assets. Even after all of his accomplishments, Rotella has the time to go to the gym and exercise.

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.

 

Founders

 

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.