Highland Capital Management was formed in 1993 by James Dondero and Mark Okada. Together with its affiliates, it manages a portfolio tuning to $22 billion. Highland is one of the biggest global alternative asset managers with more experience in the credit and equity markets. Highland has been active in showing investors ways to invest for 20 years. It spends in different property classes and buildings within the substitute setting such as; hedge funds, distressed and special situations private equity, separate accounts, mutual funds and ETFs. Highland’s different customers are wealth managers, public pension plans, foundations, endowments, fund of funds, governments, and people with larger net-worth.
All the successes and greatness that Highland has achieved has not come on a silver platter. It has come through hard work and perseverance of the two great men, James Dondero, and his partner Mark Okada. James Dondero, who is the president and the co-founder of the organization, lives in Dallas Texas. He chairs Cornerstone Healthcare, CCS Medical, and Nexbank. He also serves as a board member of American Banknote and MGM studios. Mr. Dondero started his profession as a market analyst in 1984 at Morgan Guaranty training program. He graduated from University of Virginia with the best honors (Beta Gamma Sigma, Beta AlphaPsi) from Mclntire School of Commerce with two majors in Accounting and Finance. Mr. James Dondero is a Certified Management Accountant (CMA) and is a Chartered Financial Analyst (CFA).
James Dondero has philanthropy as one of his strong suits. He has been responsible for significant contributions that have been forwarded particularly to the less fortunate and those in desperate need of essential wants. These include companies, individuals, and institutions. In his career, he has received accolades and awards that speak volumes of his prowess in this field. For instance, he is the current holder of the Lipper and the Morning Star Awards which are among the most prestigious and coveted awards in this platform
NXRT is a symbol under which NexPoint Residential Trust, a publicly traded company uses for listing on the New York Stock Exchange. It focuses on getting, owning and running properties belonging to families that earn middle-income salaries. It is simply an alternative asset manager that runs in suburban areas where it performs its operations. In a recent development, Highland Capital managed to buy NexPoint Credit Strategies fund for a fixed price of $8.79 per share. Highland Capital plans to buy a very large number of shares from NextPoint. This was considered a very big move since Highland Capital had opted to buy a vast amount of almost 113,799 shares from Nextpoint.
Those who have worked in financial industries have appreciated and are impressed with the employees at Highland Capital Management, workers at Highland are motivated, helpful, intelligent and are aware of what they are doing.The groups are well organized such that everyone has an important role that needs to be performed in order to steer the firm in a positive direction. Highland Capital Management has grown to be an international company that poses a major threat to other companies providing similar services.