Highland Capital Management has consistently been a success story for the financial industry since the company was founded in 1993 by James Dondero in Dallas, Texas. Under the leadership of James Dondero the popularity and success of the hedge fund and equity based financial institution has been stunning. From the time of opening its doors as a startup with limited assets the company has pushed forward to see more than $18 billion in assets held and managed by the end of 2014. A company restructuring exercise has seen Highland Capital Management lower its costs and limit the assets managed to over $18 billion from its peak worth of assets that had reached $38 billion in the early 2000s.
Highland Capital Management has a long history of success ever since the company was formed in 1993 with its headquarters in Dallas, Texas. James Dondero and Mark Okada embarked on the ambitious plan to create the hedge fund and would later diversify its products into many different areas for clients to enjoy. Dondero himself has largely remained the public face of the company after success with American Express proved he could manage a hedge fund of his own and led to the formation of Highland Capital Management. James Dondero is seen as a financial expert and is a sought after figure to sit on the boards and provide executive assistance for many companies in different industries. Amongst the areas Dondero is seen as an expert are the health care field and the entertainment industry, which he has gained vast amounts of experience within.
Despite the varied industries Dondero seeks to work in his first love remains Highland Capital Management, a company he remains the President of. Since the economic crisis of 2008, Dondero and his colleagues at Highland Capital Management have worked hard to make sure the company is capable of withstanding any changes in the financial markets and that the company was returned to close to its original working state. The development of a retail arm for the investment company has added to the quality of products offered to clients in recent years and has aided the business in maintaining its high level of success.