An Overview of Investment Firm Highland Capital Management

The investment firm Highland Capital Management has established itself as one of the top investment firms in the world. It provides a wide range of financial services that help numerous investors more efficiently manage their capital. Highland Capital Management specializes in providing a wide range of credit management services to its clients. As well as offering the management of credit securities, Highland Capital also provides other financial products such as hedge funds, collateralized loan obligations and private equity securities. As a result, the firm is one of the most comprehensive investment firms around. Along with being a very successful investment firm, it has been able to establish a worldwide presence. It currently has a number of office locations in New York City, Seoul South Korea, Singapore and Sao Paulo Brazil.

When the firm first came into existence back in 1990, it was primarily a life insurance company. It would provide a number of life insurance products to a number of clients. While being a life insurance company, it was able to meet the needs of many clients and emerge as one of the most trusted in the industry. As a result, the firm was able to attract a wider client base. With a number of new clients working with the firm, it decided to expand its services to other types of financial management tasks. The firm would expand to provide other forms of assistance such as providing hedge funds, investment advisory, wealth management and asset management for institutional investors. Longtime finance professionals James Dondero and Mark Okada founded this life insurance company.

By the firm’s fourth year of existence in 1993, it began to establish itself as one of the most comprehensive financial services companies in the world. It would continue to offer a wide range of financial services to its many clients. In 1997, this firm would become known as Highland Capital Management and begin providing collateralized loan obligations. With this new product line, it became the first institution to offer collateralized loan obligations other than commercial banks. Highland Capital would also complete its expansion to other parts of the world during this time as well.

Highland Capital Management CrunchBase

Dallas to Start Providing Work to the City’s Homeless

According to the Dallas Observer, the city is looking to respond to panhandling the same way that Albuquerque, New Mexico has addressed the issue for over a year now. The simple solution is to offer work to those ready to accept it. There are no ID requirements for work or any other conditions, beyond the willingness to work. The process is quite simple; a city van drives around town and offers work to the homeless and panhandlers. They can accept or decline the offer. At the end of the work day, usually five or six hours, the men and women are paid in cash. The recommended amount right currently is a little over $10 per hour.

I am sure there are reasons to critique this system but I’ll leave that to others. In my opinion, there is nothing more uplifting to a man than to put in an honest day’s work and get rewarded for it with some good old hard cash. Work provides dignity. Work provides character building. Work is paid education. When people work they learn discipline, customer service and good business practices. They learn about honesty, time management and communication. Earning an income provides the opportunity for building financial life skills such as budgeting and saving.

Another aspect of this program that I think is very well thought out is that the option is left up to those being asked. No one is forcing this program onto them. I believe that by giving the choice to work or not work, the men and women who are really looking for a life change will accept the work. The more often they work, the more likely it is that they will get past whatever life event put them on the streets. If the reports are correct, more than 100 of those who accepted the work in New Mexico over the last year have gone on to find permanent employment elsewhere. That’s 100 lives that are potentially changed forever because they were given a hand-up and not a hand-out.