Highland Capital Management, L.P., is a privately held financial company that is headquartered in Dallas, Texas, This company specializes in alternative investing and creates funds that are used by financial institutions, corporations, public pension plans, high net-worth individuals, and foundations across the United States. Highland Capital Management was founded in 1993 and has become one of the largest alternative investing management companies in the world. In addition to its office in Dallas, Highland Capital also has offices in Singapore, Seoul, Sao Paulo, and the city of New York.
The team at Highland Capital Management creates investment strategies that are built around 7 core types of financial assets. These assets include real estate, distressed and special situations private equity, high yield credit, healthcare, emerging markets, structured products, and long/short equities. These assets are packaged into funds which are then sold to investors looking for alternative investments to regular stocks and bonds.
In May 2017 they introduced a healthcare private equity fund. This fund’s core investment is in the South Korea National Pension Service and will be co-managed by StoneBridge Capital which is a venture capital firm located in South Korea. This fund marks Highland Capital’s first fund that is focused on healthcare private equity in Asia, however, it will also include healthcare companies which are located in North America.
As a socially responsible company, Highland Capital Management gives back to the communities in which it operates. One example occurred in 2016 when the company announced a $1 million challenge grant to support The Family Place. This charity, based in Dallas, provides a place to stay as well as resources to people who are fleeing from family violence. They are building a new counseling and emergency shelter in downtown Dallas which needed an additional $2.6 million in order to complete the building. Highland Capital Management’s challenge grant matched 50% of each dollar donated up to a total of $1 million.
In order to manage the millions that Highland Capital Management gives away on a yearly basis, they recently partnered with Mary Jalonick who heads The Dallas Foundation. The Dallas Foundation is a team of philanthropy experts who will help Highland Capital Management effectively donate money.