Category Archives: Financial firm

Highland Capital Management; Committed to Excellence and Philanthropy

Highland Capital Management is an investment advisory firm based in Dallas, Texas. The company was started in 1993 by Mark Okada and James Dondero. James Dondero is the CEO of Highland Capital. It has $16 billion assets under management. Its clients range from foundations and fund of funds to governments and public pension plans. Highland is recognized as a global leader in alternative credit management today. Its services include private equity, collateralized loan obligations, and credit hedge funds.

 

Dondero appointed Linda Owen to become the head of Highland’s philanthropic fund in June 2016. She is the charitable giving manager and works in close partnership with the Dallas Foundation. Owen is a recognized philanthropic leader in Dallas. He was once the president of The Woodall Rodgers Park Foundation. Dondero said that Owen was brought on to provide direction to the firm’s charitable activities as the fund continued to grow.

 

Dondero stated that this was out of a need to make sure that the company’s contributions made the greatest impact in the community. Highland has supported multiple organizations including the American Heart Association, the Perot Museum of Nature and Science, the Dallas Zoo, and the Center for Brain Health. Owen said that it was an incredible opportunity for her to be appointed to oversee the firm’s philanthropic activities. Owen stated that she was excited to work with Dondero to channel the funds to support local non-profits. She is a graduate of the University of Texas where she earned a Bachelor of Arts degree in Economics and a J.D.

Highland Capital Management was invited to the NASDAQ MarketSite in Times Square to ring the closing bell in October 2016. This was a celebration of the relisting of their senior loan ETF. The Highland iBoxx Senior Loan ETF is managed by Highland Capital Management Fund Advisors. Mark Okada is the co-founder of the firm. He rang the closing bell to signal the end of the trading day. Highland Small-Cap Equity Fund generated a 30% return for investors last year after it heavily invested in energy stocks. The fund has focused on the health-care sector this year. The sector has performed poorly in recent years.