Highland Capital’s Growth in the Line of Health and Oil

When James Dondero and Mark Okada founded Highland Capital Management Inc. back in 1993, they probably did not expect it to grow as first as it has. Today, the company is worth $15.4 billion. The company has affiliates all over the world with offices in Seoul, Dallas, Sao Paulo, New York and Singapore. It is a renowned alternative credit manager in the world. Due to its good reputation, the company has partnered with reliable companies in the oil and energy sector as well as in the area of health.

Highland Capital specializes in offering alternative investments, long term, and short-term equities, and natural resources investment. It is also an expert at special situation private investments, credit strategies and long-only funds among others.

In 2016, Highland Capital recorded increased profit that came from their investment in the energy sector through its affiliates. Michael Gregory, who is the chief investment officer of Highland Alternative Investors, says that the success was achieved due to the excellent credit competency of Highland Capital. This made it possible for the company to invest in the oil sector early 2016 when the price of oil had bottomed. According to Michael, the oil stock, which helped Highland Small Cap to almost triple the S&P 500 index, is bound to rise even higher in 2017. This rise will possibly outdo the healthcare sector, which is Highlands’s major source of income.

2017 has also brought more opportunities to Highlands Capital. The company received $147 million as a capital commitment from South Korea’s National Pension Service (NPS). This is the first ever Asian private investment equity that Highland has received in the healthcare sector. Before, Asians invested through direct basis or the multi-purpose funds. The investors, interested in more than the returns of their capital investment, want to be part of the investment plan strategists so that their agendas for Korea, Asia and the US can be met.

In Asia, Highland will work hand in hand with a Korean firm, Stonebridge Capital, which is a private equity firm. The money will be channeled to the middle market healthcare companies in the USA and Asia. Highlands has also invested in real estate focusing on multifamily real estate investment trust.


No Comments (yet)

Leave a Reply

Comments RSS Subscribe to the Comments RSS.