The world didn’t realize at it at the time, but it had been changed in 1993 when Highland Capital Management came into existence. It was the brainchild of James Dondero and Mark Okada. The pair have a vast knowledge of investing and credit markets, and they felt that it might be to their benefit to put those skills to use to build up a firm that could make some serious money.
The firm was responsible for designing the first software to electronically track loan portfolios, which is used by a majority of loan managers. They sold the software to JPMorgan Chase in 2003.
Highland Capital always focuses in investing in markets that others are simply not paying attention to. They make far better returns than most in many years for taking their unorthodox approach to investing. This is what has allowed them to survive a variety of market conditions to continue on all these years later.
Mark Okada has finally decided that he has put his everything in Highland Capital Management and is ready to move aside to enjoy other parts of life. He will remain on in a temporary role as a senior adviser to the firm when needed, but he is definitely transitioning a lot of his responsibilities onto other senior officials in the company. This is so they can pick up where he leaves off and continue on. Visit This Page for more information.
Co-founder James Dondero was saddened but not surprised to hear of his friend leaving the firm. He pointed to the many great things that Okada has helped to do to make the firm the lasting place that it is. He says that without the help of his partner that it would never have been what it is today.
That is high praise from Dondero because he is certainly humble as he accepts that he did not do all of the work himself. It is going to be a transitional period no matter how you look at it, but at least the company will still have Okada’s talents as a adviser for the time being. Go Here for related Information.