Highland Capital Management

Read About Hedge Funds

Key Facts

HeadquartersDallas, TX
AUM$9.1 billion
AUM as ofNovember 20, 2017


Highland Capital Management is a hedge fund based in Dallas, TX. It was founded in 1993 by James Dondero and Mark Okada. They hold $9.1 billion in assets under management as of November 20, 2017. Read their Plain English Brochure. Was the largest non-bank buyer of leveraged loans in 2007
Had collateral seized and auctioned by Barclays


10/16/2008 Highland Shuts Funds Amid `Unprecedented' Disruption

Sub Funds and Performance

NameAUM (bn) Type Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
Charitable Daf Fund, LP 0.334 Other 0 4 Jefferies
Highland Credit Strategies Master Fund, L.P. 0.022 hedge fund 5,000,000 119 15.0 50.0 Jefferies
Highland Gemini Program, L.P. 0.007 hedge fund 1,000,000 2 Sg Americas Securities, LLC
Highland Loan Master Fund, L.P. 0.122 hedge fund 2,000,000 8 4.0
Highland Multi Strategy Credit Fund, L.P. 0.307 hedge fund 1,000,000 15 32.0
Highland Prometheus Master Fund, L.P. 0.028 hedge fund 500,000 2 5.0
Highland Restoration Capital Partners Master, LP 0.174 private equity fund 10,000,000 6 27.0
Highland Restoration Capital Partners, L.P. 0.141 private equity fund 10,000,000 5 30.0 14.0

Historical Performance

The Crusader fund was up 40% in 2006, down 4.5% in 2007, down 14% in January 2008 and down more than 30% as of October 2008. It will be shut down over the next three years.

Key People

James DonderoNone Indirect OwnerOther
James DonderoPresident Owner or OfficerNone
Nancy DonderoNone Indirect Owner> 75%
Scott EllingtonChief Legal Officer, General Counsel And Secretary Owner or OfficerNone
John HonisNone Indirect Owner> 75%
Mark OkadaLimited Partner/Evp Owner or OfficerNone
Lee ParkerAssistant Secretary Owner or OfficerNone
Thomas SurgentChief Compliance Officer Owner or OfficerNone
Lawrence TonomuraNone Indirect Owner> 75%
Lawrence TonomuraNone Indirect Owner> 75%
Frank WaterhouseTreasurer Owner or OfficerNone