Highland Capital Management is an investment firm based in Dallas, Texas. It is one of the top investment firms for managing credit. In fact, the firm specializes in managing a number of credit based securities for a number of investors. Along with offering credit securities management, Highland Capital also offers a number of other financial services such as wealth management, advisory and also offers to manage hedge funds and private equity securities. Over the years, Highland Capital Management has evolved into one of the most versatile investment firms in the world. Due to its success, the firm has expanded to other areas of the world. As a result, the firm now has established a considerable international presence which has allowed it to effectively serve clients from across the globe.
The origins of Highland Capital Management began in 1990 when the firm was founded by Mark Okada and James Dondero. It first began as an insurance company that specialized in providing life policies. During the first few years of its existence, the firm would provide a number of life insurance policies that met the needs of many consumers. As a result, the firm was able to build a solid reputation of being a leading company that provides life insurance products. However, the firm looked to expand its financial services in order to meet the growing demand for financial management among consumers.
By the mid 1990’s, the firm evolved into a more diverse financial services company. It began its products expansion by becoming the first institution other than banks to offer collateralized loan obligations. By offering this particular option, the firm was able to establish a competitive advantage in the financial services industry. It also expanded to provide traditional financial securities such as hedge funds, private equities and asset management for both individuals and institutions. It renamed itself Highland Capital Management in the year 1997. Today the firm continues to provide high quality financial management services to a number of pension fund investors, government organizations, corporations and individuals. As well as being based in Dallas, Texas, the firm also has offices in New York City, Sao Paulo Brazil, Seoul, South Korea and Singapore.