Highland Capital Increases its Stake in Nexpoint Credit Strategies Fund

Recently, the Dallas based finance firm Highland Capital Management increased its position in a fund known as the Nexpoint Credit Strategies Fund. The SEC has recently revealed that there is currently a total of over 793,000 shares which makes up a total of 5% of common stock. According to the SEC, Highland Capital co founder James Dondero possesses a total of shares exceeding 3 million of Nexpoint Credit Strategies. His firm Highland Capital Management owns a total of over 11 million dollars worth of shares of Nexpoint. With this information in mind, Highland Capital Management is now the second largest stakeholder of Nexpoint Credit Strategies behind Morgan Stanley who currently own over $16 million worth of shares. This fund is currently managed by an affiliate of Highland Capital Management known as Nexpoint Advisors.


James Dondero is the current co founder of Highland Capital Management. He has been running the firm for over twenty years. Dondero first founded Highland Capital Management in the year 1993 after working in the finance field for many years. James has been able to build the firm into one of the most successful finance firms in the world. With offices in the United Kingdom, Brazil and South Korea, Highland Capital Management now has a considerable presence throughout the world. The firm helps a number of large institutional investors more efficiently manage their capital. Highland Capital Management offers a number of options that allow these investors to ensure that their assets are well maintained. This firm offers collateralized loan obligations, private equity securities and also hedge funds.


Dondero first accumulated a considerable amount of education before working in the field of finance. He earned a bachelor’s degree in both accounting and finance from the University of Virginia. When he completed his studies, James would achieve high honors in recognition of his academic performance. Once he finished college, James would begin his career working as a credit investor/analyst. He would hold this position for a few years before moving on to other positions in the finance industry. After many years of experience working in the field of finance, James would attain the position of chief investment officer. When he held this position, he would manage billions of dollars worth of assets. This gave him the first hand experience necessary to eventually start up his own firm.

February 13, 2017

Posted In: Credit Analyst