|AUM as of||March 2008|
OverviewHighland Capital Management is a hedge fund based in Dallas, TX. It was founded in 1993 by James Dondero and Mark Okada. They hold $40.0 billion in assets under management as of March 2008. 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
Historical PerformanceThe 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.
- 09/15/2016 Dallas' Highland Capital back in court as ex-manager accuses firm of self-dealing
- 02/24/2009 UBS Sues Highland Capital Over $745 Million in CDO Losses