Peekskill Fire Department

Local news you care about.

Highland Capital Management Mark Okada Is Leaving Role


It wasn’t exactly shocking news to learn from Highland Capital Management that their co-founder Mark Okada was stepping down from his role as the co-founder of the firm. He had been telegraphing that exact move for some time. That being said, it was still with sadness that some took the news.

Mark Okada had teamed up with James Dondero back in 1993 to start to form the Highland Capital Management firm. The two believed and still believe that with their knowledge of alternative credit markets that they could create something that investors could latch on to. The pair was right in that assumption as they were able to build up something that today is very powerful and influential.

James Dondero commented on the departure of his co-founder and friend Mark Okada from Highland Capital Management. He said that he applauded the efforts of Okada to help him build out this firm. He pointed to the fact that Highland Capital has been able to weather various economic storms over the years and still always came out ahead. That is not something that every firm can say. Dondero says that this would not have been possible without the help of Okada.

Highland provides a number of industry leading benefits to promote employee success and wellbeing, and has been recognized by Pensions & Investments as one of the “Best Places to Work in Money Management”.

The team has been working hard to make sure that everyone is up to speed on the responsibilities that Okada usually handles by himself. They wanted to ensure that senior officials could take over where Okada left off as he was headed out the door so that there would be as little disruption as possible during this time. Go Here for more information.

Highland Capital Management has definitely benefited from having such an intelligent and thoughtful individual at the helm all these years, but they also are happy that he has found other passions that he wants to explore. They are interested in seeing where this next leg in his life journey will take him. We will all wait with anticipation to see how it goes. Visit This Page for additional information.


Related article:


James Dondero Makes Charity a Priority

It is not uncommon for wealthy founders and CEO’s to make charitable contributions. However, it is rare that a business incorporates charity within the foundation of its structure as a successful brand. President & Co-founder of Highland Capital Management, L.P., James Dondero, is that anomaly. Highland Capital is one of the largest managers of collateralized loan obligations in the United States. Originally founded in Los Angeles, California, Dondero and his partner Mark Okada relocated their firm to Dallas, Texas. Ever since the CEO has made a valiant effort in contributing to charities and local communities.

Highland Captial has supported a variety of organizations. Some of which include the Dallas Zoo, the Perot Museum of Nature and Science, Education is freedom and even smaller local charities as well. In fact, Dondero has publicly commented on his intentions with charity. “At Highland Capital Management, we invest in the community by supporting organizations that are advancing the Dallas area in unique, influential ways,” the CEO stated during a press conference. Dondero has called Dallas home since 1994 and he intends to make a difference.

Learn more about James :