Highland Capital Management is an investment management firm, based in Dallas, Texas. They specialize in alternative investments, and handle approximately $15 billion in assets. The company has been in business since 1990, when James Dondero and Mark Okada formed a partnership with Protective Life Insurance Corp. They specialized in fixed income investments, including senior bank loans. In 1997 Dondero and Okada bought out Protectives portion of the company and Highland Capital was started. The company started the Collateralized Loan Obligation (CLO) market. They are currently one of the largest managers of CLOs in the world.
The company expanded their investment expertise in 2000, to include a total return strategy, focusing on distressed assets. They continue to help investors with risk and return objectives through value oriented investment strategies. Some of their funds consist of long-only credit funds, distressed private equities, ETFs, oil and gas funds, hedge funds in the credit markets, and other options. The company has in excess of $250 million invested alongside their clients.
Highland Capital Management recently hired Damon Krytzer, a CFA to serve as a managing director supporting a buildup in their institutional platform. This new addition will help the firm increase the reach of their expertise in the credit markets. They also plan to expand their involvement with institutional clients in real estate and private equity markets.
Krytzer has a strong background in the credit markets. He understands what institutions are looking for in the alternative marketplace. There is a lot of growth and expansion going on at Highland at the moment. Damon says that this is the right move for him because of the growth potential at Highland. He is anxious to use his years of experience and expertise to help Highland reach the next level of achievement .