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Highland Capital Management: Finishing Strong in 2015

According to an online article on Octafinance.com, Highland Capital Management LP released its third quarter report. The report values the hedge fund company’s portfolio value at $3.43 billion. The article points out that this filing represents less than a quarter of the company’s assets. Highland Capital’s value has decreased over a billion dollars from the previous quarter, says the article. Currently, Highland Capital manages over $15 billion in assets, according to the report.

James Dondero, co-founder of Highland Capital, announced in the report that five new positions were started that represented 69 new stocks for the hedge fund, reports the article. These stocks are from SPY; Amazon.com, Inc.; Eagle Pharmaceuticals, Danaher Corporation, and Intra Cellular, says Dondero’s report.

Highland Capital also reported to the SEC that had bought more shares in some of the companies in which they have already invested. These include American Airls Group, Inc; Patterson Companies, Inc.; Kinder Morgan Inc; Corning Inc; and Salesforce, says the article. The hedge fund also reduced their holdings in other companies.

The hedge fund sold some of their stocks as reported in the article, such as Spdr Series Trust, Nexpoint Strategies, Mckesson Corporation, Envision Healthcare Holdings and Laboratory Corporation. As shown in this report, James Dondero’s Highland Capital Management has done a lot of work to increase the hedge fund’s capital. They work with several sectors in the US and world markets.

In 1997, Jim Dondero and his business partner, Mark Okado united their financial experience and founded Highland Capital in Dallas, Texas. The company specializes in wealth management and works with investors from around the world. They currently manage over $15 billion in assets.

Under Jim Dondero’s leadership, Highland Capital branched out to offices in New York City, Sao Paulo, Singapore and Seoul. They manage pension funds, charitable funds, endowments, and the funds of high-wealth individuals. In its 20 years of business, Jim Dondero’s Highland Capital has distinguished itself as a world leader in investments and wealth management.

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