Some investors in Highland Capital Management may have started to panic when they saw a story come across the wires indicating that co-founder Mark Okada was stepping down from that role. As it turns out, those investors really have nothing to worry about. This move has been in the works for some time, and the team at Highland Capital Management has been preparing for it for a while now.
Highland Capital provides a number of industry leading benefits to promote employee success and wellbeing, and they’ve been recognized by Pensions & Investments as one of the Best Places to Work in Money Management.
Highland Capital operates a diverse investment platform, serving both institutional and retail investors worldwide. In addition to high-yield credit, Highland’s investment capabilities include public equities, real estate, private equity and special situations, structured credit, and sector- and region-specific verticals built around specialized teams.
Starting in 1993, Mark Okada and James Dondero took on the ambitious project of starting an investment fund that would seek out alternative investments that other market participants had ignored. They had confidence and the knowledge required to zero in on investments in alternative credit solutions. That was what sprung Highland Capital Management from an also-ran to something bigger. See This Article to learn more.
The firm has been able to make it through choppy markets and great markets alike, and James Dondero credits that to the vision that Mark Okada put into this firm. He says that it would not have been possible had it not been for the help of his business partner. He has offered high praise for a man who clearly has made an impact on the bottom line for all Highland investors. Find Related Information Here.
It is both apparent that the firm will miss the vision that Okada has brought along and at the same time, the firm stands a very good chance of continuing to advance due to what Okada brought to the table. They are happy to report that on his way out Okada has provided as much knowledge about his position and the work that he does to those who need to know about it. This should prove helpful as he moves away from the company and on to other things. Those who have been handed some of his responsibilities can start to build on what he has taught them to continue to expand Highland.