Highland Capital Management (HCM) is perhaps one of the fastest growing investment advisors and gurus in alternative investment management. Its wide range of products includes a number of credit plans such as credit hedge funds, distressed and special situation private equity, long-only funds & separate accounts, as well as loans that are collateralized. The firm’s alternative investments selection includes long and short equities, natural resource, and emerging markets. Its popularity traverses several industries that form their clientele base, such as corporations, financial institutions, funds of funds, governments, high-rated individuals, public pension plans, foundations, and endowments among others.
Since its inception in 1993 by Mark Okada and James Dondero, HCM has continued to grow and acquire several divisions, such as the Highland Capital Fund Advisors, which deal with the marketing of the company’s products. Highland Alternative Investors, which manages assets of about $55 million, is also a division of the firm. From its center offices in Dallas, Texas, the company has opened regional offices in Singapore, Seoul, NY, and Sao Paolo. Together with its affiliates, more than $15.4 billion in investments have been entrusted to its care, making the firm one of the most sought after in its area of expertise.
Over decades, Highland Capital Management has mastered the market trends and sharpened its competence. The firm is well able to tell when to make an investment that will bring in good returns. When oil prices went down last year, the company made an investment in the energy stocks through the Highland Small-Cap Equity Fund. The S&P 500 Index return almost tripled. Following this success, HCM hopes to make more investments in real estate and healthcare stocks through worthy partnerships. The company anticipates big returns and profits this year.
Besides the normal financial investments, Highland Capital Management relentlessly makes efforts of supporting the community, mainly targeting areas where their employees reside. Through volunteering, money donations, and being involved in board management and advisory to various local and international organizations, Highland Capital Management impacts the society positively. So far $10 million have been directed to charity.