Highland Capital Management has been a major part of the alternative credit sector for 25 years and has continued its consistent growth regardless of the financial cycles affecting the U.S. and global economies.
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.
James Dondero and Mark Okada came together to form the investment management company in 1993 when they had already found success working with other financial institutions. Mark Okada recently revealed he is stepping down from his roles with Highland Capital Management as he looks to expand on his other interests in the future.
Over the last few years, the rumor mill has been going into overdrive with Mark Okada handing over many of his day-to-day duties at Highland Capital Management to other senior members of the brand. On September 30, 2019, Mark Okada released a statement explaining the how and why of his decision to retire from his work with Highland Capital Management.
In the past, Mark Okada maintained some executive roles at Highland Capital Management, including the leadership of credit research and structured product teams that have played an important role in the development of the financial brand. Go Here for more information.
Fellow founder, James Dondero was quick to heap praise on Mark Okada following the announcement of his decision to retire from the daily operations of the brand. Dondero explained the company has only benefitted from the work of Mark Okada in the alternate credit industry that has seen Okada develop his career as a leading financial analyst. Read This Article for related information
Despite the decision to retire from daily activities, Mark Okada is not completely leaving the management of Highland Capital and James Dondero praised this decision. Dondero explained he was looking forward to working with Dondero in the coming years as they explore new opportunities for finding success in the future. Mark Okada did not refer to his departure from the daily running of Highland Capital as retirement and stated he was looking forward to a new phase in his career.
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