James Dondero’s Firm Highland Capital Management Ups Stake in Nexpoint

Investment firm Highland Capital Management has recently increased its holdings in a fund known as the Nexpoint Credit Strategies Fund. With this new position, Highland Capital Management is looking to improve its overall financial standing by investing in this lucrative fund. As of today, the firm now possesses over 793,000 shares of the fund. Only Morgan Stanley has more shares of the Nexpoint Credit Strategies Fund. The firm’s holdings in this fund now equate to 5% of common stock of the firm. As well as the firm having a considerable ownership stake in the fund, co founder James Dondero currently owns over 3 million shares which make up over 18% of the total shares of the company. With this increase in holdings, Highland Capital Management is now looking to expand its own investment portfolio.

 

James Dondero is currently the co founder of the investment firm known as Highland Capital Management. He has been in charge of the firm since 1993 when it was first founded. Over the years, James has continued to build the firm into one of the top investment companies in the world. He looked to put together a firm that specializes in managing credit. In fact, his firm became the first organization to offer collateralized loan obligations which was only offered by commercial banks for many years. Along with offering collateralized loan obligations, Highland Capital Management offers hedge funds and private equity securities as well. With the success of the firm, Dondero has expanded it to other parts of the world in order to meet the needs of clients worldwide.

 

When James first started his career, he worked for an investment firm in which he held the position of a credit investor. At this position, he would analyze a number of credit based securities. During the next few years of his career, he would continue to advance to other higher ranking positions. He would eventually become the chief investment officer at one of the firms he worked at. At this position, he would manage large sums of money for major companies such as American Express. After working in the finance field for many years as an employee, he would begin building his own investment firm beginning