A Glimpse at Highland Capital Management’s Rich History

Highland Capital Management has a long history that proves their resilience and determination to manage structured investments, hedge funds, and distressed investment funds in the best way possible. The alternative investment management corporation invests in global fixed income, hedge markets, and public equity with a central focus on structured bonds products, high yield bonds, and leveraged loans.

The history of Highland Capital Management began back in January 1990 when James Dondero and Mark Okada co-founded a joint venture that specialized in fixed income markets with Protective Life Insurance Corporation. In 1991, the joint venture evolved into Protective Asset Management Company.

The co-founders purchased Protective Life’s stake in Protective Asset Management Company, which was 60 percent, as the company began to take off in 1997. They established Ranger Asset Management and changed the name the following year to Highland Capital Management. The corporation has grown over the years under the able leadership of James Dondero and Mark Okada. In 2000, under their leadership, Highland Capital Management launched their first commingled bank loan fund. In 2004, the corporation continued their expansion of product lines by entering the mutual fund business. The firm’s vast experience and efficient leadership, their global footprint has always expanded considerably. In 2008, the firm opened their Singapore office and in 2011 they opened the Seoul office.

James Dondero is also the President of Highland and currently resides in Dallas, Texas. He has more than 30 years of experience in the industry and focuses mainly on distressed and high-yield investing. Since the corporation’s foundation in 1993, Dondero has been a pioneer in the development of credit oriented solutions and the Collateralized Loan Obligation. Award winning products that Dondero has contributed significantly to their development include mutual funds, hedge funds, and separate accounts.

James Dondero’s effective leadership at Highland Capital Management has earned him a reputation as a competent leader. In return, he has been appointed to lead several reputable organizations. He is the Chairman of Cornerstone Healthcare, NexBank, and CCS Medical. Besides, Dondero serves on the Boards of American Banknote and MGM Studios and is a very active philanthropist. He helped build out the GIC subsidiary of Protective Life before founding Highland Capital Management.

Highland Capital Management today is autonomous independently owned investment corporation with more than two decades of experience in a wide range of products for institutional and retail investors. The Corporation is a rapidly growing team of more than 180 employees based around the world. Highland is headquartered in Dallas and has an extensive network of offices in Seoul, Singapore, New York, and Sao Paulo. Besides, the corporation has a diversified base of clients that include corporations, high-net-worth individuals, pension plans, governments, and financial institutions.

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