Highland Capital Management is a portfolio manager overseeing over $21 billion in asset under management. The company was founded in 1993 and is based in Dallas, Texas. It is specialized in managing equity, fixed income portfolios, and recently it ventured in managing ETFs for private, corporate and public sectors. The company values are based on consistency, discipline and patience as the cornerstone of a successful portfolio management. The investment management team of the HCM average about 25 years of industry experience.
The executive team members of the organizations include the HCM’s co-founder as the two primary managers. Mark Okada is the co-founder and CFA of HCM and currently acts as he firm’s CIO and the portfolio manager of the Highland Floating Rate Opportunities Fund. He is responsible for overseeing the company’s investment plans throughout the implementation of the strategy. He has more than three decades of experience with credit and alternative investments and is one of the most valued members, mentor, and leader in the organization. He is currently involved in some other companies in executive capacities include the board member of Education is Freedom and the Director of NexBank.
James Dondero sometimes referred as Jim is also one of the executives and co-founder of Highland Capital Management. Jim is a Chartered Financial Analyst (CFA) and the current firm’s president. Having worked for various companies before founding HCM, he has over 30 years of experience working in equity and credit markets specializing specifically in high yield and distressed investments. He is a graduate of University of Virginia‘s McIntyre School of Commerce, (Accounting and Finance Option).
Dondero started his career in 1984 as a financial analyst in the Morgan Guaranty Training Program. Later he served as a corporate bond analyst and climbed the ladder with time to a position of the portfolio manager at American Express Company (NYSE: AXP). Before founding HCM, he was the chief investment officer of protective life where he led to the growth of its subsidiary GIC to a value of $2 billion. Jim is a donor and supports various public policy issues such as veterans’ organizations and education initiatives.
The investment team of HCM includes 200 portfolio managers, researchers, analysts and associates. These team members along with their support employees are dedicated associates with years of training, education and marketing experience. An average portfolio manager in HCM has an average experience of 11 years both in financial and investment fields.
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