Highland Capital Management is one of the world’s most experienced and largest alternative credit managers. The firm is a renowned SEC registered investment advisor. With its affiliates, Highland Capital Management has over $ 15.4 billion of assets under its management. James Dondero partnered with Mark Okada to form the company in 1993.
Highland Capital Management’s business involvements include credit strategies that entail credit hedge funds, separate accounts, and long only funds. The company specializes in collateralized loan obligations and special-situation equity. Highland Capital Management provides arrange of alternative investments, including long/short equities, emerging markets, and natural resources.
The company has a diversified client base. Its customers include governments, financial institutions, high net-worth individuals, endowments, corporations, foundations, funds of funds, and public pension plans. Highland Capital Management’s headquarters are located in Dallas, Texas. In addition, the company has opened other offices in New York, Singapore, Sao Paolo, and Seoul.
Over the years, Highland Capital Management has been giving back to the society. The company’s management loves to interact with the community. Highland Capital has donated resources to the communities where its employees work and live. Moreover, the company is dedicated to making a difference in the society through volunteerism, financial donations, and provision of advises to the local community organizations and national nonprofit institutions. Since 2005, Highland Capital Management and its partners have donated over $10 million to different organizations around the globe.
Highland Small Cap Equity Fund nearly tripled last year’s return on the S&P index. Michael Gregory notes that the health-care sector will make a great rebound. He is the chief investment officer of Highland Alternative Investors, which is a division of Highland Capital Management. Recently, the company’s credit competency enabled it to make profitable investments. When the oil prices dropped, Highland Capital invested in pipeline partnerships. These investments contributed nearly a half of the total returns in the past year.
Healthcare was the only industry in the S&P 1500 Composite Index to register a decline in 2016. Michael asserted that there was huge dispersion between the energy sector performance and that of the health sector. However, he remains optimistic that the health sector is more likely to rebound. Highland Small Cap Equity Fund is allocated to various sectors, including real estate, health, financial and energy.