Dallas based investment, firm Highland Capital Management, received the 2015 HFM US Hedge Fund Performance Award. The firm was selected for the “40 Act Fund-equity“sector. They received the award for their Highland short/long Healthcare fund. The company has assets worth around $20 billion.
James Dondero, the president and co founder of Highland Capital Management congratulated his team on the win. In his acceptance speech, he expressed his joy and gratitude in receiving the award. He acknowledged the good work of Michael Gregory and his team in the healthcare investment. The purpose of the HFM US Hedge Fund Performance is to identify Act funds, hedge funds and funds of funds that have made a mark in the market. The judges look at the reputation of the investors, performance data, qualitative and quantitative factors before choosing those that have qualified.
Michael Gregory is the Highland Capital Management head and managing director of the Healthcare Credit and Equity. The firm has heavily invested in the healthcare sector. It asset base stands at more than $ 3 billion. It has an efficient team of 11 health care professionals having a number of years of experience. Michael serves as the global head of Highland Alternative Investors and the chief information officer. Michael asserted that the corporation was committed on delivering enhanced performances for their investors.
Jim, as he likes to be called, attended the McIntire School of Commerce where he majored in Finance and Accounting. He proceeded to the University of Virginia for further studies and successfully received the Beta Gamma Sigma and Beta Alpha Psi, which are the highest honors. He started his career by working at Morgan Guaranty Training program as an analyst. He worked as a corporate bond analyst and later, as a portfolio manager at the American Express. He moved to Protective Life where he served as the chief investment officer.
In 1993, Jim co-founded Highland Capital. He is a certified accountant and financial analyst. His vast experience has seen the firm register massive growth over the years. Through his expertise, Highland Capital has developed the market for the Collateralized Loan Obligation. Recently, he hired Terry Jones as the Institutional Products President.