Highland Capital Management L.P. was founded by James Dondero and Mark Okada in 1993. Highland Capital is an SEC registered investment advertiser and is also currently one of the largest global alternative credit managers. Highland specializes in long-only funds, distressed and special-situation private equity, hedge funds, emerging markets, natural resources and many other credit strategies and alternative investments.
Highland Capital Management group has an expansive customer base that includes corporations, high net worth individuals, governments, foundations and public pension plans. This global company has offices in Sao Paolo, New York, Houston, Seoul and Singapore, however their corporate head quarters is at the Houston office. Highland Capital is very involved in the communities they work in, they believe in helping others and make many charitable donations towards national non-profits and community organizations. In addition to the more then ten million dollars they have charitably donated since 2005, they also are active in volunteerism and advisory board involvement.
Highland works with stonebridge capital in Asia. Stonebridge is located in Korea and is a private equity and venture capital firm. Highland Capital and Stonebridge co-manage the NPS (national pension service) fund. This fund was created in 1988 and is worth just under five billion dollars. This health care centered private fund in Korea is the first one of its type in Asia that Highland is co-managing. By drawing on Highlands extensive expertise in the healthcare sector stonebridge and highland are hoping this merge is appealing to middle market healthcare companies in Asia as well as the United States.