Highland Capital’s James Dondero sees big growth in US distressed debt market

May 1st, 2010
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James Dondero, President of Dallas-based Highland Capital Management LP, said in interview on Thursday with Bloomberg that he believes that US distressed debt will return 15% to 20% through 2010. In the interview, he stated that leveraged loans should benefit from the uncertain market climate with healthcare, chemicals and building products focused companies representing the best opportunities.

James Dondero co-founded Highland Capital Management with Chief Investment Officer Mark Okada in 1990. The investment advisor and hedge fund manager currently oversees approximately $24 billion in assets.
For Detailed Investor Profiles on these Investors, click below:
Highland Capital Management
Related People: Brad Means; Greg Stuecheli; James Dondero; Mark Okada; Patrick H. Daugherty; Paul Kauffman
Related Entities: Highland Credit Strategies Fund; Highland Floating Rate Fund & Highland Floating Rate Advantage Fund; Highland Private Equity Strategy; Highland Real Estate Strategy; Highland Long/Short Equity Fund
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News

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