James Dondero is the co-founder of Highland Capital Management, and he also serves as its president. He is well known for being the most philanthropist investor in Dallas. Dondero is always ready to give back to the society in areas that deal with education, public policies, and in Veterans affairs for people living in Dallas-Fort Worth area.
Dondero co-founded Highland Capital in 1993. His successful contribution to Highland Capital can be credited to his long-term experience in equity market and credit. He also serves as the Chairman of Cornerstone Healthcare, MGM Studios, and American Banknote.
James Dondero’s career began in 1984 at Morgan Guaranty Training Program as an analyst. He then worked as Corporate Bond Analyst. He moved to American Express as the Portfolio manager. Before founding Highland Capital, James worked as the Chief Investment Officer of Protective Life’s GIC subsidiary. He helped the business to grow to a startup up of $2 billion in 5 years. James studied at the University of Virginia where he pursued a degree in Finance and Accounting. He is also a Certified Management Accountant.
James Dondero has a huge influence in the charity sector. Together with his friends, he supports several charity activities like Perot Museum of Natural Science, Snowball Express, George W. Bush Presidential Library and Institute and many more.
He has been an asset to Highland Capital because of his genius strategy of advocating for distressed investing. Highland Capital is famously known in providing solutions to investors who are facing credit problems.
In 1993, Highland Capital established Protective Asset Management Company. It is valued at $16 billion in assets under their management. James Dondero has made sure that the company continues to be innovative. In 2000, the company was the first one to come up with Commingled Bank Loan.
Dondero has worked hard to ensure that funds associated with his management have scooped an award. These include the Lipper Award for Floating Rate Opportunities in 2014, the Morningstar’s 5-star designation for Global Allocation in 2014, and the Morningstar’s number 1 ranked Healthcare Short/Long Equity Fund in 2015.
James Dondero stands out as one of the most charitable and successful investors in Dallas.