The Three Magic Words of a Successful Business
When it comes to Highland Capital Management, three words stand out from the rest: experienced, disciplined and bold. This unique pillar has been in the business for over two decades and quickly grown into a top-industry, global-alternative credit manager. It began in 1990 as James Dondero and Mark Okada formed a joint venture partnership through Protective Life Insurance Corporation and later specialized in assisting numerous clients to pursue fixed income markets as well as to obtain senior secured bank-loan management solutions. As of 1993, the business grew into Protective Asset Management Company, known otherwise as PAMCO. At this time, the business also served as an SEC-registered investment advisor through Protective Life and its two founding partners; Dondero and O’Connor owned 40 percent while Protective Life owned 60 percent.
The company only grew further with rapid success. In May 1997, the two founding partners purchased Protective Life stake through PAMCO and began Ranger Asset Management, LP., as an independent advisory registered with the SEC. In 1998, Ranger Asset Management, LP., changed its names to Highland Capital Management, LP. In 2000, Highland Capital Management initiated its very first co-mingled bank account fund and formed an alternative investment 40 Act solution as well. Highland continued to expand its products and – in 2004 – sent the mutual fund acquisition company through to floating rate funds on behalf of Columbia Asset Management. Highland Capital Management eventually purchased Singapore and Seoul offices, respectively, in 2008 and 2011.
Highland Capital Management has also worked with collateralized loan obligation markets or CLO markets to launch one of the first non-bank CLO’s as of 1996. Ever since, Highland Capital Management has worked diligently to structure and monitor billions of dollars in CLO’s and CDO’s, continuing as one of the biggest CLO managers globally. Highland Capital Management invests in an equal balance of community, environmental welfare, employee success and worldwide investment mastery. The company owns five main global headquarters. You may also find Highland Capital Management on Twitter, Facebook, LinkedIn, YouTube and Google Plus.