The Dallas-based investment firm Highland Capital Management is among the most reputable in the financial services industry. It specializes in debt and credit management securities such as collateralized loan obligations. With this specialization, Highland Capital has been able to help a number of clients more efficiently manage their financial obligations. Along with managing debt and credit backed securities, this firm also provides a wide range of financial services to assist its many clients. Due to the success of the firm, it has expanded to other areas of the world in order to maximize its potential. Highland Capital Management currently has office locations in Sao Paulo Brazil, Seoul South Korea, New York City and Singapore.
When Highland Capital Management first began it was originally a life insurance company. The firm was founded by finance professionals James Dondero and Mark Okada who were looking to become entrepreneurs. With their experience and expertise, the two finance professionals were able to put together a successful life insurance company during the early 1990’s. While the company was quite successful, Dondero and Okada looked to expand it by providing a comprehensive set of financial services. Over the next few years, the firm would grow and develop into one of the top investment firms in the industry.
In 1996, Highland Capital Management began offering collateralized loan obligations. With the introduction of this product, it became the first institution other than commercial banks to offer this. As a result, this helped the firm gain a competitive advantage in the financial services industry. Along with introducing collateralized loan obligations, the firm also began to offer a wide range of products and services such as hedge funds, private equity securities and also wealth management services. These offerings helped the firm become an investment firm that provided a number of ways to help clients more efficiently manage their capital. By the year 1997, the firm officially named itself Highland Capital Management. It now continues to provide a wide range of financial services to a number of different clients such as government entities, individuals, pension fund investors and corporations on a regular basis.