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History Timeline

• Highland opens an office in Buenos Aires.
• Highland establishes a publicly traded REIT – a spin-off of one of Highland’s closed-end funds.
• Highland expands its bank loan offerings, launching a loan ETF.
• Highland establishes a presence in Latin America, opening an office in Sao Paulo.
• Highland continues its global growth, opening of an office in Seoul.
• Highland grows its mutual fund business, acquiring a suite of funds from GE Asset Management.
• Highland expands into Asia, opening a Singapore office.
• Highland expands its investment platform with two mutual fund offerings.
• Highland opens a New York office.
• Highland launches its first commingled bank loan fund.
• The firm changes its name to Highland Capital Management.
• The founding partners buy Protective Life’s stake in PAMCO.
• The firm issues one of the first non-bank collateralized loan obligations.
• The firm moves its headquarters to Dallas.
• PAMCO launches as an SEC-registered investment advisor.
• James Dondero and Mark Okada form a joint venture with Protective Life.