With over $14 billion in managing assets, Highland Capital Management is the world’s leading alternative credit firm throughout the investment industry.
The firm specializes in credit hedge funds, distressed assets, private equities and collateralized loan obligations (CLO’s). Lead by co-founders James Dondero and Mark Okada, the firm seeks opportunities that have not been done by other credit management companies and offers clients the best strategic plan in order to boost their portfolio and create higher yield returns on investments.
“Our strength is in thinking through debt deals, turnarounds and trends,” says James Dondero. Mr. Dondero is the firm’s President and Mr. Okada is the Chief Investment Officer. They each have more than 30 years of asset management experience and are both highly regarded in the investment industry. Visit highland.com to know more.
In 2014, Highland Capital Management successfully acquired Vistra Energy’s secured debt and eventually converted it into equity. Vistra Energy, which was formerly TXU, was the largest power and retail electric company in the entire state of Texas. The company mounted $40 billion in debt. This was a deal that most traditional investment firms would steer away from due to the complexity and risks. However, Highland Capital saw the potential and pushed forward to strategize a debt price point ranging from 60 cents to 40 cents on the dollar resulting in Vistra Energy presenting its first share earnings since 2014.
Because of Highland Capital Management being able to focus exclusively on the specialties it offers to clients and mount the best strategy based upon proven successes; companies continue to seek the firm for the awareness needed to leverage opportunities to increase capital, reduce operating expenses and turn debts into assets.
With headquarters in Dallas, Texas, Highland Capital Management’s global operations reaches New York City, Sao Paulo, Singapore, and Seoul. As of 2017, the firm has partnered along with its global partners and clients to invest more than $250 million of the firm’s assets. This type of risk and strategy allows Highland Capital Management to continually create opportunities to set the bar for other firms to follow its lead. Read more at Biz Journals about Highland Capital.