In 1993, Jim Dondero and Mark Okada founded what today represents $14.9 billion in assets under management by Highland Capital.
In recent notable news, Highland Capital Management Korea Ltd., closed a private equity fund with a strong focus on healthcare, with $147 million in capital commitments. The investors who are involved have specific objectives tied to the healthcare field in addition to the return on their investment. The same fund that did so remarkably well in 2016 in energy stocks is now seeing double-digit returns on health-care stocks. The energy stock selections made by Michael Gregory, Chief Investment Officer for Highland Capital Management, were responsible for almost triple returns of the S&P 500 just last year. He is setting his sights on the health-care sector experiencing a significant rebound in 2017.
In addition to being the most experienced global alternative credit managers, they are also the largest. Their specialties lie in credit strategies, credit hedge funds, long-only funds and separate accounts. Also experts in distressed and special-situation private equity and collateralized loan obligations, Highland Capital is extremely community-focused as well. They seek to be involved in the communities where their employees work and live and currently commit more than $10 million to organizations around the globe.
Alternative investment opportunities with Highland Capital include emerging markets, long/short equities and natural resources. The client base is rich with diversity, including public pension plans, endowments, financial institutions, corporations, governments and high-net worth individuals just to name a handful.
Another interesting piece of information about Highland Capital was that on October 12, 2016, Cofounder and Chief Investment Officer, Mark Okada received the honor of ringing the closing bell of the Nasdaq Stock Market.
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