Highland Capital Management Will Continue On With Success

Mark Okada has announced his retirement. He founded Highland Capital Management in 1993, along with James Dondero. Although retiring, Mark Okada will continue in an advisory role until the end of 2019. James Dondero will oversee all the management of Highland Capital Management and will also take on the co-chief investment officer jobs that were previously Mark Okada’s responsibility.

He will be aided in this job responsibility by Joe Sowin. In preparation for his retirement, Mark Okada has been transferring over some of his duties over the past several years. He wanted to prepare for a smooth transition of duties and responsibilities when he retires. James Dondero credits Mark Okada with placing the firm in the position that will aid in future growth. Get Additional Information Here.

Highland Capital Management operates as an alternative investment firm that is involved with multi-billion-dollars on a global level. The firm started in the leveraged loan market twenty-five years ago. They have expanded their growth into other asset management approaches.

Nowadays, Highland Capital works with investors throughout the world. They provide diverse services geared towards retail and institutional investors. Their investment services also include real estate, both public and private equities, structured credit, as well as high-yield credit. They provide specialized teams to work on the needs of their clients.

Apart from providing management services for customers investments, Highland Capital Management also contributes to the community around them and also around the world. They are committed to providing both volunteerism as well as capital to those causes that they feel will have an important impact to others both locally and far away. They have contributed $40 million to those types of causes around the world. See This Page to learn more.

In April 2004, Highland entered the mutual fund space with its acquisition of Columbia Management Advisors’ bank loan mutual fund business. The company acquired NexBank in 2004. In April 2005, Highland acquired ING Capital Management. The acquisition marked Highland’s first move into Europe.

Highland Capital Management operates in many places besides the United States. Apart from its headquarters in Dallas, Texas, it also has offices in Buenos Aires, Rio de Janiero, Singapore and Seoul.

 

View source article: https://www.prnewswire.com/news-releases/mark-okada-to-retire-from-highland-capital-management-300927407.html

 

Leave a Reply

Your email address will not be published. Required fields are marked *