Highland Capital Management is a Dallas-based investment firm that is gaining in popularity with a wide portion of the population. In fact, they are already well-known enough to have almost $14 billion dollars in assets under management. The best part is, they don’t only take money from institutional investors, but also from the everyday Joe.
Highland Capital was founded on the principle that anyone should have access to various investment types. James Dondero is one of the founders, and he always found it to be unfair that some people just didn’t have the ability to access certain ways to invest while others did.
He decided that he would form an investment firm that was unlike anything else offered on the Street. He partnered up with Mark Okada in 1993 and the two got to work. Get More Information Here.
In order to make Highland Capital Management different, the pair decided that they would focus on investing in distressed assets with high yields. They would make their firm something that people seeking outsized returns would be drawn to. They didn’t want to just play it safe like so many of the other firms out there. It was time to offer something different.
The firm is credited as being the first to come out with software used to track loan debts. That same software is used by virtually everyone who tracks loan debt in the industry. Not only that, but they were among the first firms to get involved with “Consolidated Debt Obligations (CLOs)”. That was an innovative product that Highland Capital Management helped to pioneer. It might not have been around had it not been for these guys.
There is so much to love and admire about Highland Capital, and they continue to impress. The future is bright there, and we can’t wait to see what they come up with next. Refer to This Article for additional information.
Visit them on https://www.highlandcap.com/