Highland Capital Corporation

Founded in 1993, Highland Capital Management, L.P. was a Dallas-based, SEC-registered investment adviser that became a pioneer in the Collateralized Loan Obligation (CLO) market. The firm managed billions in assets across a diverse portfolio including CLOs, credit funds, hedge funds, and distressed assets for institutional and high-net-worth clients globally. Following extended internal disputes and a significant legal judgment, the company filed for Chapter 11 bankruptcy in October 2019 and has since undergone a major restructuring, with its investment adviser registration being terminated in 2020.