Category Archives: Investment Banking

What it takes to be successful in investment banking; the story of Highlands Capital Management

For the past few decades, people have been shifting their attention to investment banking and the products that it offers. Some of the companies that were started with the view of helping people invest in the area is Highlands Capital Management. The company was started by James Dondero and Mark Okada in 1993 and has grown from a small business with only a handful of customers to a huge investment that has an asset base of $15.4 billion. Some of the areas in which the company specializes in include CLOs, Long only funds, hedge funds, pension plans, high net worth people, corporations, short and long equities and many others.

The one ideology that has positively transformed the working of this company was that they decided to invest in more than just the financial markets that they trade in. To make the process successful, they decided that they were going to invest in the communities that they were interacting with. Some of the ways in which they have made these investments include getting involved in non-profit organizations and other volunteerism activities. The founders of the company, James Dondero and Mark Okada strategize well and really streamlined the operations of the company and with time, they have expanded and gotten new offices in New York, Sao Paolo and several other places in the world.

In 2000, the company decided to invest more in the customers that could not access the normal loans. They created their form of bank loan fund that their customers could invest in. The company that helped them get the funding they needed for the new venture was Columba Asset Management. This is the company that gave them the capital they needed to handle this new project. The growth has been very successful because a few years ago, they extended their reach and took their operations to other location out of the country.

About James Dondero

James Dondero is a co-founder at Highlands Capital Management. He has been working in investment banking for the past thirty years and is very experienced in it. Other places that he has worked include the American Express.