Highland Capital: The Ultimate King in Financial Markets & Philanthropy
Highland Capital Management is an investment advisory firm that is found in 1993, and it is based in Dallas, Texas. They also have offices located in New York, Seoul, Singapore, and Sao Paolo. They along with their affiliates have about $15.4 billion of assets that they are managing. Mark Okada and James Dondero are Highland’s founders. Also, Highland has become one of the most experienced and biggest global alternative as credit managers. They specialize in strategies of credit, including long-only funds, credit hedge funds, special-situation private equity, distressed private equity, separate accounts, and collateralized loan obligations (CLOs). Additionally, Highland Capital provides alternative investments, including natural resources, short/long equities, and emerging markets. Their broad clientele consists of foundations, public pension plans, financial institutions, corporations, endowments, governments, fund of funds, and wealthy individuals.
Their Philanthropic Efforts
Highland Capital is more than about the business. They are also about reaching back to the community. They invest in communities where their employees work and live, in addition to investing in financial markets. They remain committed to making a profound difference through financial donations, advisory board engagement, and volunteerism to national nonprofit organizations and local community organizations. And as a result, so far, they along with partners have committed over $10 million to companies globally.
Some of their recent philanthropic efforts include the following:
- Their partnering with The Dallas Foundation for the improving of North Texas communities
- Joining the board of Southern Methodist University Cox School of Business
- The announcing of a $1 million challenge grant to complete The Family’s Place Campaign that’s worth $16.5million
- The launching of $147million healthcare funding along with Shiwen Yap, S Korea’s National Pension Service (NPS)- this is the anchor fund investor which started in 1988, and it is now worth about KRW 565 trillion ($499.8 billion). The Sovereign Wealth Fund Institute stated that their corpus is worth $465.13 billion.