Highland Capital Management is among the top investment firms in the world. The firm specializes in managing credit based securities for a diverse group of investors. What has set apart Highland Capital from many other investment firms is its offering of a finance option known as collateralized loan obligations. With this option, Highland Capital has been able to assist a number of investors manage debt. Along with offering collateralized loan obligations, Highland Capital Management also offers a number of other financial services that help many clients on a regular basis. The firm has expanded itself to overseas markets to better serve a wider client base.
The firm known as Highland Capital Management first began as a company that provided life insurance for a number of businesses and individuals. Founded by longtime finance professionals Mark Okada and James Dondero, this firm quickly became one of the leading life insurance providers in the United States. With its success, the co founders looked to expand the firm’s offerings in order to meet the growing demands of its current client base. As a result, the firm would begin offering a wider range of financial services that focus more on asset management and advisory services. By 1993, the firm looked to offer a number of other services such as wealth management, hedge funds and private equity securities management.
After expanding to other types of financial services, the firm would then look to become more innovative by offering financial options that were not offered by other firms. It began offering collateralized loan obligations starting in 1996 which established the firm as the first institution other than banks to offer this option. A year later in 1997, the firm would become known as Highland Capital Management. With its new identity, Highland Capital Management would continue to establish itself as one of the leading financial services firms around. Nowadays, this firm continues to serve the needs of many clients such as pension fund investors, individuals, government entities and corporations. Highland Capital has also expanded to other nations including Brazil, Singapore and South Korea in order to establish a strong presence internationally.