Category Archives: Investment Firm

Meet the Co-founder and the CTO of Stellar Organization; Mr. Jed McCaleb

Mr. Jed McCaleb is an American entrepreneur and a programmer. Apart from co-founding Stellar organization, he is the one who spearheaded the foundation and served as the company’s CTO ripple through to 2013. He is also recognized as the creator of bitcoin exchange Mt. GOX, Overnet networks, eDonkey2000 application and the peer-to-peer eDonkey.

How His Early Life and Career Started

Mr. Jed McCaleb was born in Arkansas and went to the University of California, Berkeley. He later moved to the City of New York. In 2000, he founded Meta Machine Inc. and released eDonkey2000 application. Sam Yagan later linked with him in 2001 and served as the company’s Chief Executive Officer. Jed McCaleb worked as the CTO of that company and went with developing the peer-to-peer eDonkey, the Over networks, and the eDonkey 2000 application. The network, at its best height, grew to get more than 4 million users. In 2007, Jed McCaleb purchased a domain called Mtgox.Com, with the intention of creating a Magic trading site, The Gathering cards. The website became popular within a few months.

His later career

In 2014 according to Coin Telegraph, Mr. Jed McCaleb co-founded a non-profitable organization, the Stellar Developing Foundation, together with his partner, Joyce Kim. With the aim of developing an open source protocol to stellar, the company decided to make it easy in cross-border business transactions through digital currencies. It debuted on 31st July 2014 and got 3 million US dollars loan from the ripple. The inventor of Mt. GOX and stellar CTO is committed, and he is envisioning a blockchain powered single transaction payment system in the whole world. Stellar is an international Blockchain powered setup which uses digital token. Woon Bank from South Korea had already lined up ripple on commercial basis implementation in 2018. Hopefully, by 2028 the company’s blockchain would have a power boost on UniversalPayment Network that would process the payments and also the traditional assets like shares and stocks. Jed Mc Caleb who for long has been a crypto organizer has had his predictions about stellar’s change of technology in future, to the better.

LinkedIn: https://www.linkedin.com/in/jed-mccaleb-4052a4

Informative Details about Highland Capital Management out of Dallas, TX

Highland Capital Management is a registered investment adviser that has affiliates with an approximately $15.4 billion of assets. The entity is one of the most experienced equity and credit managers worldwide. Mark Okada and James Dondero founded Highlands in 1993.

 

Key Operations

 

The organization has been instrumental in offering alterative investment options for over 20 years. They invests in various asset structures and classes within the numerous landscape like hedge funds, distressed, separate accounts, and special situations private funds, ETFs, mutual finances, and collateralized loan obligations. Their client base comprises of wealth managers, foundations, public pension plans, endowments, financial institutions, and corporations, funds of funds, high net-worth individuals, and governments.

 

Areas of Specification

 

Highland capital management specializes in credit policies like credit hedge funds, distressed and special-situation individual equity, separate accounts and long-only funds, and collateralized loan obligations. They also have independent departments that provide alternative investments such as emerging markets, natural resources, and short/long equities.

 

In 2016, the Small Cap Stock Fund helped in generating a remarkable profit to investors of 32%. Michael Gregory is the chief investment officer based in Dallas. He manages over $15.4 billion and supervises the small-cap equity package with Dondero. Gregory led the company in the launching of an alternative investment method that encompasses all of the existing non-traditional and liquid alternative funds. The platform will strengthen their offerings and capability to drive results and provide customized solutions to investors.

 

Corporate Social Responsibilities

 

When it comes to community matters, Highland has invested in more than financial markets. They have shown concern through volunteerism, financial donations, and advisory board involvement where their employees work and live. They empower the national nonprofit projects and local community organizations. The firm has committed over $10 million to ventures around the universe since 2005.

 

Location

 

They have headquarters in Dallas Texas where they control the operations of other affiliates in New York, Singapore, Sao Paolo, and Seoul. The enterprise has created online presence by having a website and other social media accounts. They use these channels to interact with potential customers and investors across the world. You will find their physical addresses and contacts in these pages.