The Dallas-based management firm Highland Capital Management, L.P. has announced that Highland Long/Short Healthcare Fund has received the 2015 HFM US Hedge Fund Performance Award. It won in the 40 Act Fund category. Highland Capital Management along with its affiliates manages over USD 20 billion worth of assets.
Speaking at a press conference, the Co-founder, and the president of Highland Capital Management, James Dondero said that winning the 2015 HFM US Hedge Fund Performance Award has served as a statement of the experience and healthcare investment expertise of the team that is led by Michael Gregory.
The HFM Hedge fund recognizes 40 Act funds, hedge funds and funds of funds that come out shining over its competitors on qualitative and quantitative factors. The areas under consideration for the award include the reputation that the fund has with the investors, one to five-year performance data, as well as the character of the manager.
Highlands Capital Management L.P
Michael Gregory is the Managing Director and heads the Healthcare Credit and Equity at Highland Capital Management. The healthcare sector takes the largest chunk of the Highlands Investments managing over USD 3billion in assets. It has a combined experience of about 130 years and has a team of eleven healthcare sector specialists. Mister Gregory also heads Highland Alternative Investors and is its CIO.
Speaking after the award, Michael Gregory said that the investment company was focused on delivering a strong and repeatable performance for all its investors. He further stated that the award indicates the success of the company’s risk management infrastructure and its investment process and credit to the intensive hard work of the team at the company.
Highlands is an investment company specializing in credit strategies such as the credit hedge funds, distressed and special situation private equity, long only funds and separate accounts and collateralized loan obligations. The firm recently hired a new President of Institutional Products and also offers alternative investments such as long and short equities, natural resources, and emerging markets. Its clients include corporations, foundations, public pension plans, and high net worth individuals, governments, financial institutions, endowments, and funds of funds.
James Dondero founded Highlands Capital Management in 1993 and currently oversees its institutional and retail products. Jim has an experience of over thirty years in credit markets and pioneered Collateralized Loan Obligation with others.
Jim graduated from the University of Virginia with an emphasis on accounting and finance and is also a Chartered Financial Analyst. He also serves on MGM Studios and American Banknote Board of Directors. He is also the chair of the Board of CCS Medical Corporation, Cornerstone Healthcare, and NexBank.