Jim Dondero is the man heading an investment firm known as Highland Capital Management. This company focuses on credit management. In the field of asset management, it requires proper planning and strategic decision-making. The management of assets needs qualified and smart financial managers who can give the right advice to clients.
James Dondero is a big name in asset management. Highland Capital applies a long-only form of credit strategynon nexpointadvisors.com. The company has an experience spanning over more than two decades. Highland Capital has applied its strategies in asset investment across various sectors such as healthcare, high yield investments, distressed investment, structured products, and special situation loans.
It also operates in emerging markets, real estate, gas and oil, and other forms of investment. Highland Capital was established in 1993, and it has grown by leaps and bounds to become one of the most respected investment companies in the world. It is now a multi-million dollar investment with global reach and which has helped many Americans to invest and obtain good returns.
It is headquartered in Dallas, Texas and presently, it has an asset base of around $21 billion, which the company manages under its arms. James Dondero and Mark Okada joined and established a joint venture in 1990, which focused on fixed income markets, for example, the senior loans, which tend to be secured.
The joint venture then spread its arms and entered into business with another company known as Protective Life Insurance Corporation and soon, they formed a merger that was referred to as Protective Asset Management Company (PAMCO). At this time, about 60 percent of the merger company was under the ownership of Protective Life Insurance and rest 40 percent was under the ownership of two founding individuals.
The Protective Asset Management Company by 1997 had also indicated that it was capable of experiencing massive future success. It is from this potential growth of the company that led to a decision of the two partners purchasing the stake that was in the hands of Protective Life Insurance. In the following year, the Protective Asset Management Company (PAMCO) changed its names to assume Highlands Capital Management.
When the company transitioned to Highland Capital, it’s when the projected growth started being witnessed. The company went through a period of accelerated growth and in the next 3 years, it had spread its wings enormously.
In 2004, Highland Capital entered into agreement with Columbia Asset Management something that helped Highland Capital to own two floating funds. The company by this time had offices in Dallas but its operations were primarily targeting American clients. Since the company was growing, the owners began to think about how they could expand beyond borders.
In 2008, the company set up its first across border offices somewhere in Asia, Singapore. And in 2011, it was the year of globalization because the idea of setting up offices in different regions grows further, and they had offices in Seoul, South Korea. Today, the company is advancing and has been able to penetrate different regions often giving itself a competitive edge in the global scale on the area of asset management and hedge funding.