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.