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New Beginnings and Continued Growth for Highland Capital Management

 

Highland Capital Management is one of the top investment firms in the United States and is worth more than a billion dollars today. They first began working in the leverage loan market where they thrived and eventually became more diverse as the years progressed.

The firm was responsible for designing the first software to electronically track loan portfolios, which is used by a majority of loan managers. They sold the software to JPMorgan Chase in 2003.

They’ve gotten involved in more asset classes such as public equity and real estate, and they’ve established headquarters for their company in locations in the U.S and internationally. Highland Capital is well trusted and heavily regarded for its success over the years, but they wouldn’t be who they are or even exist without the hard work of James Dondero and Mark Okada who founded the firm together in 1993.

Recently Highland Capital Management has announced to everyone that Mark Okada would be retiring from his current sitting position. The firms are sad to see him go, however, he will be maintaining a role as a senior advisor until the end of his tenure at the end of 2019. View Additional Info Here.

After he is gone, Highland’s James Dondero will oversee all of the business matters associated with the firm and their other associated companies. Dondero credits Mark Okada for the growth of their company from a small firm to a multi-billion dollar trusted investment company. They’ve spent 30 years together achieving the trust of their clients and building a strong, trustworthy community of their own. Go Here for related Information.

Highland Capital Management says that they believe they will continue thriving and hope to continue their growth in Okada’s absence. Mark Okada says that he is excited about this new phase not only in his life but in his career and he can’t wait to see what’s in store for him. With any hope, he’ll keep in close contact with his old colleagues.

 

Visit their LinkedIn profile on https://www.linkedin.com/company/highland-capital-management-l-p-

 

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: https://www.prnewswire.com/news-releases/mark-okada-to-retire-from-highland-capital-management-300927407.html

 

Is Betsy DeVos Still a Champion for Education Reform?

Betsy DeVos is one of the top women in government currently. She holds the position of US Education Secretary. Appointed by President Trump in 2017, DeVos has been working hard to help students in all states, but she hasn’t been successful across the board. For one, many states haven’t ratified legislation supporting educational choice, and then there is the issue of campus safety.

 

It’s clear that the US Education Secretary inherited a bunch of problems from previous administrations in regards to education reform. While there have been issues with standardized testing and failing schools, no administration has been able to tackle the issue. It was thought that common core method would help students with standardized tests, but it has only proven to teach for the test instead of comprehension and understanding.

 

The United States still ranks quite low across the world for math and reading comprehension. The problems have not gone unnoticed by DeVos who has been working towards helping students get into better schools, whether they are in the right school zone or not. Educational choice has been a major platform for DeVos ever since the 1990s.

 

In Michigan, she became the Chairman of the state’s Republican Party and proposed legislation to help students in the state go to better schools. The program was called “Kids First Coalition.” While it wasn’t ratified in Michigan, the bill continued to persist and led to other programs in other states. Louisiana and Florida have been the most successful with educational choice programs.

 

However, one question still remains. Who pays for students to go to private schools?

 

In fact, Betsy DeVos has said that philanthropy is the reason that students are able to go to these schools. DeVos has donated over $35 million to education, and she has some major donors backing up her campaign. This includes companies like Facebook and Microsoft, as well as Wal-Mart. It’s clear that these founders know that educational choice is a way for students to get out of impoverished communities where failing schools have become a normal way of life.

 

DeVos knows that the system must change, but she is doing what she can in the little time that she has had as the US Education Secretary. She has also worked with the First Lady Melania Trump, touring different states in early 2019 to promote educational choice programs. In Florida, there are multiple ways that students can choose different schools, such as magnet programs or virtual classes. You can start taking online courses as young as kindergarten in the Sunshine State.

 

DeVos has less than a year to get more states on board with educational choice. She will be working with more leaders in the next year to make changes and add more programs.

 

Visit www.betsydevos.com to learn more.

Dick DeVos Has A Remarkable History Of Doing The Right Thing For The State Of Michigan

During the earlier part of the 1990’s, Grand Rapids, Michigan was eyeing a plan to construct a multi-use sports and convention arena near its downtown region. Dick DeVos took notice of the plan and began to put together a lobbying effort to shut it down. During his campaign against the idea, he helped to create Grand Action, which is a group of businesspeople from the community who have since helped to improve the city by supporting the construction of a spread of useful buildings.

 

Dick DeVos was opposed to the idea of the sports and convention arena because of an event that took place many years before in Detroit. During the 1970s, the city’s sports teams the Pistons and Lions had left the city after it had built the Pontiac Silverdome and Palace of Auburn Hills. He was not going to let the same mistake take place in Grand Rapids, and he eventually did put a stop to the idea.

 

Dick DeVos has done a whole lot more for the state of Michigan over the course of his career. In 2012, he put together a law that changed Michigan from a state where employees had to be a part of union to work to a right-to-work state where this is not necessary. He has also helped to improve the state by making large donations to its arts and culture sector as well as its educational sector. He helped to create the Dick and Betsy DeVos Family Foundation in order to facilitate his giving, and he has donated more than $189 million during his life to various charitable causes.

 

In 2006, he joined his wife Betsy DeVos by donating over $12 million to help build a children’s hospital in Grand Rapids. He also helped to create a public charter school in the city where young students are able to pursue a career in the aviation industry. The school is named The West Michigan Aviation Academy, and it has been operating since 2010. Every year, hundreds of students show up to a building in the Gerald R. International Airport where they are able to learn more about aviation. DeVos has continued to help improve the school through donations, and it has been wildly successful because of his support.

 

Dick DeVos is a businessman who has earned billions of dollars during his lifetime. Instead of only looking out for himself and his family, he has continued to work to help improve the state of Michigan for most of his life. DeVos served as the chief executive officer of Amway in the past and is currently a co-owner of the Orlando Magic NBA basketball team. He studied at Northwood University where he received his bachelor’s degree in business administration.

 

Follow Dick DeVos on Facebook.

How The Law Firm Kisling, Nestico & Redick Is Helping Families Across Ohio

Kisling, Nestico & Redick is one of Ohio’s most prestigious law firms. They handle personal injury cases from 11 locations across the state. They handle cases involving negligence such as medical malpractice and car accidents. Over the past 15 years, the lawyers at Kisling, Nestico & Redick have obtained many favorable outcomes for the clients they have represented.

Being philanthropic is an important tenet at Kisling, Nestico & Redick. Putting action to words, a team of their attorneys and employees jumped into the frigid lake at Portage Lakes State Park. This was the Polar Bear Jump challenge and they raised $30,000 for a local food bank that serves the greater Akron area.

Another way they helped people recently took place in Columbus. Kisling, Nestico & Redick sponsored a shopping spree for 12 children from low-income households. The shopping spree took place at a Meijer where the kids were able to load up on clothes and gear for summer. This law firm’s Brandy Gobrogge stated that they are doing something for kids every month of 2019 for their initiative KNR Cares About Kids.

Big Brothers, Big Sisters of Central Ohio helped Kisling, Nestico & Redick organize this event. President Abby Fisher of this organization said that it was great to give the kids a chance to be excited about getting things for summer they want and need. A representative for Kisling, Nestico & Redick stated the bill was $3,000.

They are also seeking to make roads safer across Ohio. They recently launched an initiative, Don’t Text and Drive, in which they asked for high schoolers to send them ideas on how to get drivers to stop texting. The best submission cam from Elianna Norin of Hudson. Her reward was a $5000 scholarship she will be using later this year at the Savannah College of Art and Design.

Dick DeVos Has Always Loved The City Of Grand Rapids And Continues To Give It His All

Dick DeVos is an entrepreneur and billionaire who was born in Grand Rapids, Michigan, and he has always done everything he can for the city that he loves so much. In 1991, while many others supported a move to construct a sports and convention arena near the downtown of Grand Rapids, he opposed it. He had seen the same kind of plan fall apart before when the city of Detroit decided the to build the Pontiac Silverdome and Palace of Auburn Hills. This took place during the 1970s and became a huge financial drag on Detroit when the Detroit Lions and Pistons left the city. This is why DeVos began a lobbying effort against the building of a similar type of arena in Grand Rapids.

 

During this time, Dick DeVos helped to put together the Grand Action group. This group contains important business leaders from the area who care about the city, and these leaders have been the main reason why many buildings in the city have been built. Because of Grand Action, Michigan State University’s medical school was built along with the DeVos Place Convention Center and Van Andel Arena. While the rest of the nation simply knows DeVos as the former CEO of Amway, the state of Michigan knows him for his amazing deeds that have always made the city a better place.

 

Some years back, Dick DeVos put the time in to convince the CEO of AirTran Airways to run nonstop flights out of the Gerald R. Ford International Airport. Just a few months after he did so, AirTran Airways was purchased by Southwest. DeVos had already been given the job of trying to get Southwest to come to Grand Rapids, and now he could do so with an advantage. Before this, Southwest had turned down opportunities to add flights to the Grand Rapids area. Instead of pleading with Southwest, DeVos told them that he believed they should not just continue to offer flights out of the Gerald R. Ford International Airport, but that they should add more. This ended up working out for DeVos and Southwest because the airport’s growth was twice the average of the rest of the United States.

 

There are many more stories like this that involve Dick DeVos. The man also ran to serve as the governor of the state of Michigan, but, unfortunately, lost to the incumbent. That never slowed him down, but, instead, motivated him to do more for his home state and city. In recent years, he has started up an aviation charter school with his wife, Betsy DeVos. The school is located on the grounds of the Gerald R. Ford International Airport, and there is a waiting list to get into it because it is that popular.

 

Follow Dick DeVos on Facebook.