Highland Capital Management is an SEC certified hedge fund based in Dallas Texas. It has $ 20 billion of assets in management. It was founded in 1993 by Mike Okada and current president James Dondero. The firm was recently awarded for its performance based on both quantitative and qualitative reasons. The co-founder and President Jim Dondero praised the health team for its contribution during the awards.
The firm is currently on a roll. It has grown from startup 20 years ago to having more than $ 20 billion in assets and offices all over the world. It is also restructuring. James Dondero recently announced the hiring of Terry Jones as the head of institutional products. He takes over the risk management arm of the firm at a time when it’s experiencing rapid growth. He brings with him more than 25 years’ experience in the industry with a varied background. He is a graduate of Columbia business school where he studied for an MBA and an economics degree. He also has experience running his hedge fund.
Jim Dondero is himself an established a respected CEO. He has over 30 years’ experience in the capital market and is a renowned entrepreneur. Apart from Highlands, he is also the co-founder and president of NeXpoint and its affiliates. He started his career with American Express in 1985 straight from the Morgan training institute for stock analysts. At American Express, he was at 1st the corporate bond analyst then portfolio manager. He managed $ 1 billion in wealth for the company. He was then to work as the CEO of protective life from 1989 to 1993. Protective life is a subsidiary of GIC.
From here he founded Highlands’s capital management in 1993 with Mike Okada. It offers advisory services, sells financial products and trades in high yields bonds. It has cultivated an image of a forward thinking company that is on par with the best. It has seen it pioneer investment vehicles like Collateralized debt obligations.
Jim is tasked with executing the strategic plans of the firm. He has cultivated an image of an efficient and secretive trader who will deliver stunning results even in down market. Mr. Dondero lives in Dallas with his family. He has three kids and is a well-known family man. He is also active in philanthropy with interests in veteran’s affairs and public policy.
The article is summary from prnewswire.com through the link http://www.prnewswire.com/news-releases/highland-longshort-healthcare-fund-wins-2015-hfm-us-hedge-fund-performance-award-300176870.html