Highland Capital Management is one of the world’s largest global alternative credit managers. The company has grown its reputation majorly due to the extraordinary services they offer.
The humble beginnings of Highland Capital Management
Highland Capital Management had its beginning more than twenty years ago. Mark Okada and James Dondero who are the company’s founders opened their venture in January 1990. They began by forming a venture together with Protective Life Insurance Cooperation.
Significant incidences which led to the company’s growth
In the year 1990, the company specialized in fixed income markets. They also managed senior secured bank loans. Three years later, they progressed into a Protective Asset Management Company. In May 1997, the visionary founders went ahead to purchase Protective Life Stake in Protective Asset Management Company. This action led to the establishment of an independent advisor, Ranger Asset Management which was SEC registered.
A year later, Ranger Asset Management changed its name to its current name, Highland Capital Management. In the year 2000, the company began alternative investment platform. They also launched their first commingled bank loan fund.
The company continued to grow its products line. In the year 2004, they acquired two floating rates fund. This money was offered from Columbia Asset Management. Later in 2008 and 2011, Highland Capital Management officially opened its offices in Singapore and Seoul respectively.
Where Highland Capital Management stands today in the competitive market
Being an independently owned company with more than twenty years’ experience, Highland Capital Management offers a broad range of products with a large client base. These products are both for institutional investors and retail. The company’s growth has provided employment to more than one hundred and eighty people all over the globe.
Highland Capital Management’s Location
The headquarters of this multinational company is in Dallas, Texas. However, Highland Capital Management has offices all over the world’s major cities. These cities include Sao Paulo, New York, Singapore, and in Seoul.
Highlands Capital Management community service
The company has substantially invested in the communities of its employees. This investment is in the form of advisory board involvement, volunteerism, and financial donations. Over ten million US dollars have been committed to various organizations globally since 2005.