Being a SEC-registered investment adviser is a notable feat but Highland Capital Management has moved further since attaining that status. It is now one of the best SEC-registered advisers on alternative investment matters which cut across emerging markets, short/long equities, and natural resources. The worth of the company’s assets when combined with those of its affiliates is in the region of $15.4 billion. Since 1993 when it was founded by James Dondero and Mark Okada, the company has built a diversified clients’ base that include foundations, corporations, public pension plans, fund of funds, financial institutions, high net-worth individuals, and governments.
The spread of the company beyond the United States makes it one of the largest global alternative credit managers today. Aside from the headquarters in Dallas, Texas, the company also has offices in New York, Singapore, Seoul and Sao Paolo. When it comes to credit strategies, the company has few rivals globally whether it is credit hedge funds, distressed-situation private equity, fund for funds, or collateralized loan obligations.
Just as the company is putting smiles on the faces of her numerous clients through appropriate financial investments, it is also doing same to communities where it operates. With an annual philanthropic budget well over $3 million and a team of experts in philanthropic and donor services led by Mary Jalonick, CEO of The Dallas Foundation, the amazing positive impact of the company’s charitable giving is no surprise. Since 2005, Highland together with its partners have committed far beyond $10 million to charity around the globe. Aside financial donations, the company has been making a difference in these communities through advisory board involvement and volunteerism.
Take for instance, the company’s $1 million challenge grant to the Lagacy Campaign organized by the Family Place, a Dallas base organization. The Lagacy Campaign was put together to raise fund that would be used in assisting victims of family violence. It was a noble course, so the company decided to team up with the Family Place to provide some solace to victims.
Highland Capital Management keeps proving to clients that it cares about their financial fortune. In the same vein, communities hosting their offices and employees are not left out. The company has shown that it will go to any extents to alleviate the sufferings of the populace. Could there be a better approach to doing business?