Highland Capital Management, L.P.
Corporate brand
UnclaimedUS asset management firm focused on credit and alternative investments.
Last updated October 17, 2026
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Overview
Highland Capital Management, L.P. is the legal entity of Highland Capital Management, headquartered in Dallas, focusing on credit and alternative investments. Founded in 1993 by James Dondero and Mark Okada, the firm manages various strategies including leveraged loans, high-yield bonds, and structured credit. In 2020, the firm filed for bankruptcy protection but continues to operate to liquidate assets.
Products and positioning
Focused on credit and alternative investments, serving institutions and high-net-worth clients
Product categories. Credit strategies · Alternative investments
Controversies
2019
Highland Capital Management LP files for bankruptcy
Highland Capital Management LP filed for bankruptcy ahead of a potential judgment in favor of investors in its shuttered Crusader fund. The firm disputed investors’ claim that it failed to return their money and said it lacked enough cash to pay what was outstanding.
Recent events
- Unconfirmed
Highland Capital Management LP files for bankruptcy[1]
Highland Capital Management LP filed for bankruptcy ahead of a potential judgment in favor of investors in its shuttered Crusader fund. The firm disputed investors’ claim that it failed to return their money and said it lacked enough cash to pay what was outstanding.
Sources1 sources
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