Highland Capital Management, L.P. is an investment adviser company in the United States. Highland Capital Management, L.P. is registered and recognized by the U.S. Securities and Exchange Commission (SEC) which is a federal agency. It is based in Dallas, Texas but with offices in New York, Singapore London, and Seoul. Currently, it manages investments worth more than $17 billion. It prides itself as one of the largest alternative investment managers in the world. Highland Capital was started by Mark Okada and James Dondero in 1993. Some of the credit strategies implemented by Highland Capital include special and distressed situation private equity, collateralized loan obligations, credit hedge funds separate accounts and long only funds. Under the alternative investments, the company engages in short and long equities, emerging markets and natural resources. Highland Capital attracts investments request from all manner of business organizations and clients. They include corporations, public pension plans, financial institutions, governments and the filthy rich individuals.
Highland Capital not only engages in high stake financial cases, they as well engage in community work. They invest in the community around the areas they have work stations. For instance, workers of Highland Capital help the members of the community they live in with advice on investments, volunteerism, and financial donations. This applies to both nonprofit organizations and local community organizations. Since its inception, it has spent millions of dollars in such activities meant to help the less privileged in the society.
One investment adviser at Highland Capital who have pushed the group to new heights is Michael Gregory. He is the chief investment officer of the group alternative investors. His work is to oversee the small-cap stock fund. Under his tenure, the equity fund almost tripled the returns of S&P 500 Index in 2016. Gregory attributes their credit competency since its inception as the reason they are ahead of competitors. In 2016 they made a lucrative investment deal in the pipeline sector when prices of oil dropped. By the end of the year, that deal contributed the biggest returns to the group. Gregory explains that other areas they are investing and will look to invest more in future are in real estate, health care, and energy sectors.