Highland Distressed Opportunities reviews in Dallas TX

unlisted companies. The Company has filed an election to be treated as a business development company (BDC). Its investment objective is total return generated by both capital appreciation and current income. The Company will invest in senior secured debt, mezzanine debt and unsecured debt, each of which may include an equity component, and in equity investments. Generally, distressed companies are those that are facing financial or other difficulties and are or have been operating under the provisions of the United States Bankruptcy Code or other similar laws or, in the near future, may become subject to such provisions or otherwise be involved in a restructuring of their capital structure. Highland Capital Management, L.P. is its investment adviser.