Highland Capital Management is Optimistic That 2017 Will be a Great Year

The chief investment officer of Highland Alternative Investors, Michael Gregory, announced that Highland Small Cap Equity Fund was opting for healthcare stocks. The fund almost tripled the S&P 500’S returns on energy stocks in 2016. Highland Alternative Investors is a branch of Highland Capital Management, a Dallas-based investment adviser. The energy stocks, which were picked by Gregory, generated 31.6 percent of the Mutual fund’s Class A shares HSZAX, +0.6 percent for small cap in 2016, compared to 12 percent for the large-cap S&P 500. Together with James Dondero, the co-founder of Highland Capital, Gregory manages Highland Small Cap Equity Fund with approximately $55 million in assets.

Highland Capital’s credit competency played a significant role in helping the company to make profitable investments in pipeline partnerships at the beginning of 2016 when oil prices were relatively low. The pipeline partnerships contributed 50 percent of the fund’s impressive results. None of the partnerships deducted dividends after the fund bought shares. Among the six sectors of S&P 500 composite Index, only health care dropped in prices. The others sectors were energy, real estate, financials, and consumer discretionary.

About Highland Capital Management

James Dondero and Mark Okada are the founders of the renowned Highland Capital Management. Being one of the largest alternative credit managers, the firm focuses on credit strategies, including long-only funds, separate accounts, hedge funds, distressed investing, and Collateralized Loan Obligation as well as alternative investments. They provide their services to different foundations, pension plans, financial institutions, corporations, endowments, high net worth individuals, governments and fund of funds. Highland Capital Management strongly believes in giving back to the community by investing where their employees work and live.

Through its philanthropic arm, the Dallas Foundation, the company offers financial support to both local and national charitable organizations and initiatives. They also support community initiatives by volunteering and providing advisory services. The firm, together with its partners, has committed over $10 million to different initiatives since 2005. The SEC registered company has close to $15.4 billion in assets. Because of the increased demand for their services, the company has opened offices in New York, Singapore, Seoul and Sao Paulo.

https://www.linkedin.com/company/highland-capital-management-l-p-

Doug Levitt Uses the Greyhound Diaries to Limelight the Plight of Poor Americans

American artists for a long time have gained popularity for their adventurous journeys covering the vast American land, purposely for trying to create awareness on the untold stories that are elusive in the public domain. Often, these stories paint a grim picture on the realities of life for people who are trapped in poverty cycles. Doug Levitt is among the artists who have shunned their prestigious careers to indulge in this noble task. The singer and songwriter embarked on a journey across the country using Greyhound buses with an objective of compiling songs, memory pictures and stories about Americans who, due to their economic status, are forced to commute using buses, which is a less desirable and inefficient means of travel. After traversing several thousand miles, Levitt decided to put together the pictures, songs and stories of fellow travelers, which he dubbed “The Greyhound Diaries”. This collection highlights the struggles poor Americans go through in their daily lives.

 

After returning home from overseas, where he had been serving as an international correspondent for a number of big channels, Doug Levitt realized that the plight of poor people in the country was not sufficiently highlighted by the media. Even those in power had a blurred perspective on the reality of living in poverty. This was the compelling reason that forced Levitt into his current undertaking.

 

Levitt is a son of Carol Schwartz, a former member D.C. Council; he spent his childhood in D.C and went to public school in the neighborhood. He attended Woodrow Wilson High School, after which he proceeded to join Cornell University where he was privileged to be taught by the late Carl Sagan, a respected astrophysicist and author. He also holds a Masters in International Relations from London School of Economics. After completing his studies, he worked as an international news correspondent for CNN, ABC, NBC, and MSNBC. His father’s suicide inspired him to abandon his career in journalism to become an artist, a vehicle he has used to creatively tell stories of people who are struggling to earn a living in the United States.

 

 

 

Eric Lefkofsky: The 21st Century Entrepreneur

Eric Paul Lefkofsky is an American entrepreneur. Eric has co-founded a number of companies with his college friend, Bred Keywell, in the Chicago area. These include Tempus, Groupon, Lightbank, Mediaocean, Echo Global Logistics and Innerworkings. He is the current CEO of Tempus and chairman of Groupon.

 

Lefkofsky’s Childhood and Education

 

Lefkofsky spent his early childhood years in Southfield Michigan, where he lived with his father , a structural engineer, mother who was a school teacher and two siblings. He attended Southfield-Lathrup High School and graduated in 1987 before joining the University of Michigan where he graduated with honors. Eric’s thirst for knowledge saw him joining University of Michigan Law School from where he received his Juris Doctor in 1993.

 

Lefkofsky’s Business Ventures

 

EricLefkofsky started his entrepreneurial journey while in college. He sold carpets at the University of Michigan. Soon after graduating from law school, Eric partnered with Brad Keywell sought some capital and bought Brandon Apparel, an apparel company in Madison, Wisconsin. In 1999, the duo created Starbelly, an Internet company that specialized in promoting products. They later sold the company to Halo food. After Starbelly, the partners co-founded other companies including Innerworkings, Echo Global Logistics, MediaOcean, Lightbank, Uptake, Groupon and Tempus.  Based on Linkedin.com

 

His Role at Tempus

 

Tempus is a technology company that was co-founded by Eric and Brad. This company deals with collecting of genomic data which can be used by doctors to improve outcomes among cancer patients. The company has a state-of-the art laboratory that is fully equipped with the latest equipment which are operated by highly qualified staffs. Lefkofsky is the CEO for Tempus.com where he oversees the operations of the company. His social media presence depicts him as someone who is highly invested in his work at Tempus.

 

His Philanthropic Endeavors

 

Eric Lefkofsky and his wife Elizabeth formed the Lefkofsky, which is a charitable trust that supports charitable, educational and scientific organizations causes all over the world. This foundation is focused on children and has so far helped to fund over 50 organizations.

Visit this http://lefkofskyfoundation.com/about-eric-lefkofsky/