Category Archives: Financial Institution

Highland Capital Management and Boeing Corporation Each Gift the Dallas Bush Center $10 Million

The George W. Bush Presidential Center in Dallas, Texas proudly announces they are the recipients of a $10 million endowment to support their Engage at the Bush Center program. This generous donation comes from the Highland Capital Management company.

Additionally, the center has received a commitment of $10 million from the Boeing Corporation to aid in the center’s Military Service Initiative, which assists post-9/11 veterans. Visit highland.com to know more.

Engage at the Bush Center Program

Highland Capital’s contribution will be used for the 2018 Engage program, which offers lectures and discussions, film screenings, and special social events. Issues and policies about democracy in the United States are the focus of Engage.

Jim Dondero, the co-founder and president of Highland Capital Management, is set to join the Bush Center advisory council. He explains the company is proud to support the Bush Center vision.

The first Engage event two-part program beginning on February 5, 2018, sponsored by Highland Captial Management. “Constitutional Conversations: Justice Scalia’s Memorable Speeches/James Madison & Today’s Media” begins with a conversation with the late U.S. Supreme Court Justice Antonin Scalia’s son, Christopher.

He has compiled his father’s favorite speeches and published the biography, “Scalia Speaks: Reflections on Law, Faith and Life Well Lived,” on October 3, 2017.

Joining Scalia will be Jeffery Rosen who is an expert on Madison; a media researcher for Pew, Amy Mitchell, who co-authored the annual report “State of the News Media;” and Dallas Morning News editor Mike Wilson. They will be discussing the current media climate and the position James Madison might have taken on the subject.

Read: https://www.dallasnews.com/business/jobs/2017/09/25/executive-changes-hirings-promotions-enseo-ericsson-highland-capital-sept-25-29

Military Service Initiative

Former President George W. Bush and his wife Laura established the initiative as part of their dedication to supporting the nation’s veterans. The Center’s program ensures the successful transition from military to civilian life for veterans and their families. The initiative focuses on the invisible scars related to military service.

Boeing Corporation is dedicated to supporting veterans after their discharge. This includes hiring them. Their commitment to the Bush Center is a portion of an investment in the recovery, rehabilitation, and transition services for U.S. veterans worldwide. Over a three-year period, Boeing has committed to spending $30 million.

The Bushes extend their gratitude to both Boeing and Highland Captial Management for their generous support of these programs at the George W. Bush Presidential Center. Read more at Biz Journals about Highland Capital.

The Operational Highlights of Highland Capital Management

Highland Capital Management was formed in 1990, with James Dondero and Mark Okada as Partners in collaboration with Protective Life Insurance Corporation. HCM is an investment firm which also acts as a prime credit manager. The stakes were to be owned 60% by Protection Asset Management Company (PAMCO) and 40% for the two partners in 1997. Later they bought all the shares of PAMCO and got SEC registration. Initially, it had the name, Ranger Asset Management L.P. It would later be rebranded as Highland Capital Management.

 

HCM specializes in advancing credit, equity, real estate, health care, structured products and managing distressed, special situations. In 2000, the firm launched a loan fund and an investment 40 Act platform. In an expansion, the firm has acquired two floating funds from the Columbia Asset Management and has opened offices in Singapore and Seoul in 2008 and 2011 respectively. HCM has become popular in excellent service delivery that meets the market demands.

 

One of the HCM’s achievements is in the NexPoint fund’s subscription. The subscription raised $269 million from the shareholders. NexPoint Credit Strategies closed a fund at $400 million and an increase of 20.69% from the previous year and 18.79% in the last five years. To enlarge the market In CLO leadership, HCM has controlled approximately $30 million of CLOs/CDOs.

 

About Highland Capital Management

It has over 20 years of operation since 1993, with a staff of 180 around the world. It has since its inception is has opened many subsidiaries in New York, Sao Paulo, Singapore, and Seoul. It is based in 300 Crescent Court Dallas, Texas. It protects investor’s capital and pursues new business opportunities to corporations, financial institution, organizations and government agencies.

 

The range of products targets investors are in institutions and retail markets. It uses low-cost alternatives strategies in equity and credit management. The emergent market opportunities, HCM is pursuing IS IN oil and gas funds, Credit hedge funds, private equity funds, market credit funds and equity funds both in the short term and in the long term. Partnerships with other investors have helped HCM raise over $250 million in assets.