Highland Capital Management firm posted announced their quarterly 13F. The report only features assets that are in listed in the United States of America, and they represent only 22% of their total assets. Jim’s HCM acquired new positions like the Eagle Pharmaceuticals for $17.73 million, Danaher Corp for $17 million and the Amazon Co Inc. for about $23.35 million. They also managed to purchase new stakes like the Salesforce Com Inc. up by 18%, Patterson Companies by 16% and the American Airls Group by 60%. Highland Capital Management also increased its allocation to the information technology sector up from 16-18%. The quarterly also shows that the company has 12% securities in the energy sector.
James Dondero’s Highland Capital Management L.P. manages an asset base of approximately $21 billion. It was in 1993 and has been a pioneer in the global alternatives, equity management, and credit management. HCM also has ventured in alternative options through a diversity of asset classes and structures. They also boast of having a team of qualified credit managers who also deal with hedge funds, private equities, separate and distressed accounts and the collateralized loan obligations. Customers get to enjoy low cost strategies through our structured organization to suit clients’ preference. Its headquarters are grounded in Dallas Texas and still has offices in Sao Paulo, Seoul, and in New York.
Highland Capital Management was started by James Dondero, who is the Co-Founder and President. Jim has more than 30 years’ know-how in credit and equity markets. He is also an expert in high yield return and distressed investments. Before beginning the company, He started as a trainer at the Morgan Guaranty program in 1984. Amid 1985 to 1989 he was the Corporate Bond Analyst for the American Express before being endorsed to be the Portfolio Manager. One of his greatest achievements while working for other companies is the $2 billion that was generated in a span of 3 years by Protective life.
Jim is an alumni of the University of Virginia and was in the Beta Gamma Sigma fraternity. He was bestowed a degree in finance and accounting being the best in the class. James is also certified to be a public accountant (CPA) and has the right to use the Chartered Financial Analyst (CFA) description. Mr. James Dondero is also involved in a number of charity organizations that deal with education policy, public welfare, and veteran policies. He is also the Chairman of Board of Directors for the following entities; NexBank Capital, HCM Acquisition Company among others. For more info click here.