Highland Capital Management is an investment firm based out of Dallas/Fort Worth, Texas area. The company also has an office in New York and overseas in cities such as London England. Highland Capital Management was founded in 1993 by James Dondero and Mark Okada. The company currently manages 17.7 billion in assets. The company’s clients include public pension plans, financial institutions, and governments. The latest investment that this company has completed was on April 4, 2017. They invested 25 million in a company called Amino. Highland Capital Management is also known for acquiring other companies. The most recent acquisition was in June 2017. The company purchased a company called Structural and Steel Products. Read more about James Dondero at Wikipedia.com.
Highland Capital Management is an expert in leveraging credit and loans. The company serves both institutions and retail investors all over the globe. In some situations mutual funds can be devalued. There are two types of mutual funds and they are called open-ended mutual funds and closed-ended mutual funds. The downside to close ended mutual funds is that you might not get your money back at net asset value when you sell. In dealing with the closed-ended mutual funds you have to find your own third-party buyer. The company will start providing monthly dividends to its clients in January 2019. These dividends will come from the company’s common stock. This common stock is a closed-ended fund that is focused on providing high levels of income.
The funds purpose is to provide its clients with monthly investment income. The actual name of the fund is Highland Floating Rate Opportunities Fund. The company lets investor know that there are no assurances that the fund will achieve its investment objectives. Highland Management Capital has built a huge diversified portfolio and this company has grown tremendously from Dallas, Texas all the way to London England. Visit jimdondero.com to know more about him.