Highland Capital Management is a major player in the financial world. The asset management firm oversees $19 billion, which includes many credit hedge funds. Recently this company looked to expand it’s management. They have become interested in making purchases in Argentina. The company is looking to rake up large amount of securities in this area. This serves as an excellent investment opportunity. This potential investment by Highland could serve as a major boost for the Argentina area. Such a move suggests suggests that investors who have piled into Argentina in recent years may remain buyers of the country’s debt even after it exits default.
Looking to buy new debts in the area, president James Dondero is optimistic on where Argentina is likely to price their debts especially relative to other countries. Furthermore the company is looking to expand such efforts into other countries. Led by Dondero, Highland Capital looks prime to make major expansion.
With a resume that includes over three decades of experience, James Dondero and his company have made phenomenal impact on the business world. Co-Founder and President of Highland Capital Management, in Dallas, TX, Dondero has worked years to gain knowledge of credit and equity markets. He focuses a large part of his energy on high-yield investing. Dondero’s company Highland Capital Management is responsible for creating and pioneering the CLO Collateralized Loan Obligation. This financial tool allows groups to secure payments from multiple business loans. Such tools are used when making investments into places like Argentina.
An Active philanthropist, Dondero holds many important positions including Chairman of Cornerstone Healthcare, CCS Medical, and Nexbank. Furthermore he also serves as a board member of American Banknote and the prestigious MGM Studios. He is responsible for engineering a number of ground breaking and award winning products including institutional separate accounts, CLOs, hedge funds, private equity funds and mutual funds. An honors graduate from the University of Virginia Dondero holds dual majors in Accounting and Finance and is a Certified Management Accountant.