Highland Captial Managements New Position

James Dondero co-founded Highland Capital Management in 1993. The company is based out of Texas and focuses on public equity, structured investments, distressed investments and fixed income. Their current portfolio has a value of approximately $2.44 billion.


There has been a change in their Nexpoint Credit Strategies with the fund now holding 793,036 company shares. This is a total of five per cent of their current outstanding common stocks. James Dondero owns 3.01 million shares of the stocks for Nexpoint Credit. This totals 18.8 per cent of the total company.


By the third quarters end the ownership of $11.68 million worth of Nexpoint’s shares were reported as owned by Highland. They purchased 20,286 new shares making them the biggest holder in the company except Morgan Stanley who owns $16.77 million in shares.


The fund for Nexpoint Credit Strategies is closed and has beaten all of the other bond indices. They are still in the upper ten per cent of all Closed End Funds. They were split into two different companies who were publically traded in 2016, Nexpoint Residential Trust and Nexpoint Credit Strategies. Their portfolio has a value of $600 million with net assets at $382 million.


James Dondero has accrued more than 30 years experience in equity and credit. His focus is mainly on distressed and high yield investments. Since Highland Capital was founded in 1993 they have pioneered the development of Collateralized Loans for the purpose of developing solutions for credit oriented retail and institutional investors throughout the world. Their products include CLO’s, REIT’s private equity funds, institutional separate accounts, ETFs, mutual funds and hedge funds.


James Dondero was a graduate of the University of Virginia. He received the highest possible honors of Beta Alpha Psi and Beta Gamma Sigma. He had two majors in Finance and Accounting while attending the McIntire School of Commerce. He is certified as a Certified Public Accountant a Chartered Financial Analyst and a Certified Management Accountant.



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