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How Highland Capital Invests In Alternative Funds

Highland Capital is a Dallas-based company that offers actively managed alternative funds. It was established in 1993 by two businessmen, Mark Okada and James Dondero. It is now one of the largest firms of its type in the world and has almost $16 billion in assets under management. The company is experienced in a variety of alternative investment assets including real estate, natural resources, private equity, and collateralized loan obligations (or CLOs for short). They have a wide variety of clients including public pension funds, endowments, fund of funds, and other financial institutions among others.
One of Highland Capital’s funds that had great success in 2016 was their Highland Small Cap Equity Fund, HSZAX. It returned 31.6% for the year while the S&P 500 returned 12%. What drove its growth for the year was that it invested heavily in pipeline partnerships. The key to this type of investment is that the cash flow from these partnerships are based on the amount of crude going through the pipes, not the value of that crude. They had invested in this when the oil price had hit rock bottom and as it went back up the pipeline partnerships accounted for half the return of HSZAX for the year.
This fund is managed by Dondero as well as Michael Gregory, a Chief Investment Officer at the subsidiary Highland Alternative Investors. Looking with an eye towards 2017, he said that he expects healthcare companies to outperform for the year. He says that he sees companies moving to address the opioid epidemic hurting communities across the United States. They are fast-tracking new drugs that can be more safely prescribed to people who are suffering from pain. They aren’t as addicted as opioids which should help to ease the epidemic.
The management team of Highland Capital also believes in investing in the communities that it is part of. They donate a substantial amount of money to charities in Dallas and other cities, more than $10 million since 2005. Among these are the Santa Barbara Foundation, The Kansas City Foundation, and the Dallas Foundation which all support local nonprofits.

The Contributions of Entrepreneur Bruce Bent to the Success of Money Market Funds

Money market funds, which are popularly known as the money market mutual funds, involve investing in short-term debt securities, including commercial paper and U.S. Treasury bills.

About money market funds

Money market funds are investments aimed at earning interest on behalf of shareholders while maintaining the net asset value at $1 per share. These funds are known to generate a high yield and are safe like bank deposits. Money Market Funds are common in the United States and are regulated by the Securities Exchange Commission. The pioneers of Money Market Funds are Bruce Bent and Henry Brown. Money Market Funds were initially offered to entrepreneurs who wanted to preserve their capital and earn a minimal rate of return. They help in developing solutions for limitations of Regulation Q and serve as a substitute to bank accounts.

Bruce Bent’s educational and career history

Bruce Bent is an entrepreneur and the founder of money market fund. Bent is skilled in strategy development, mutual funds, and financial service delivery. He is also knowledgeable in risk management, business development, financial analysis, budgeting, and branding. He did a degree course in Philosophy at the Northeastern University. Bent is the executive principal of Double Rock Corporation. He joined this company in 1991 and rose above the corporate ladder year after year up to the level of president of the firm. At Double Rock Corporation, Bent is in charge of supervising other senior executives, providing technology solutions to the banking industry, as well as innovative financial solutions.

Before joining this company, Bent held a managing partner post at LF Rothschild and Company Inc. He also worked at TIAA-CREF, a pension company where he met and began working with his current business partner, Henry Brown. Bent has always been a visionary businessman. In 1968, he teamed up with Brown and together they launched Brown & Bent Inc. In 1970, this duo began the money market fund to give investors an opportunity for effective cash management. Bent had a vested interest in politics and was a Republican candidate at one point. During his spare time, he gives lectures at Harvard University, The Wharton School, and the New York University.

For more information follow Bruce Bent II on Twitter.

Honey Birdette Sensual Products

There are a lot of people who want to spice up their love life. However, finding products to help in this area is not always the easiest thing to do. First of all, few people are comfortable asking for help with products like this. Honey Birdette is a sensual boutique in the Australia area that is looking for ways to add products that customers will love. Over the years, this is a company that a lot of people are looking forward to working with.

Honey Birdette

When the company was started, few people thought that it would be able to last. However, the company leaders have worked hard to provide quality products and services that people are willing to pay for. If you want to work with a great company in this area, Honey Birdette is the place to go. The staff is friendly and knowledgeable on the products and services that are being offered. Over time, you can get what you need from them on a variety of different options that they offer. In addition, they are starting to offer online ordering options for customers who would rather buy the things online. Not only is this helping to boost sales, but it is helping to build the brand name recognition of the products and services that are offered as well.

There are a lot of people who are looking forward to seeing what Honey Birdette has to offer in a variety of areas over time. Not only that, but they want to take their product line to a new level soon.

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