James Dondero is a big name both in the corporate and philanthropic world. He is reputed for heading large firms in the Americas credit investment market and his initiatives in supporting nonprofit programs across the country.
Currently, he is the president of Highland Capital Management, LP. Owing to his vast experience that spans over 30 years in the credit market, he has been the main drive behind Highland Capital Management’s massive success. His smart leadership has seen the company emerge as one of the largest supervisors of collateralized loan obligation in America, with the firm approximated to be managing over $21 billion in assets.
Some of the exclusive assets managed by the firm include distressed and special situations private equity, Mutual funds and ETFs as well as hedge funds.
Together with his friend Mark Okada, they co-founded the company back in 1993. He has since been tasked with overseeing investment strategies in the company.
Before co-founding Highland Capital, Mr. James Dondero worked at the Protective Life’s GIC subsidiary, serving as the chief investment officer. His stay at the company proved to be a big success both in his career and to the business. He saw the company grow from a mere startup to a multi-billion company, with the company rapidly progressing to a tune of over $2 billion within a span of five years.
He has also worked with the American Express where he was entrusted with the management of over $1 billion in fixed income funds.
He is a member of several company boards. He is currently one of the board members at MGM studios and American Banknote Corporation. He is the current CEO and board member at HCM Acquisition Company.
He has supported several charitable programs across the country; with most support directed towards education and charity foundations. He recently pledged $1 million to the Family Place to support several construction activities in the charity organization.
He has also donated $2 million to support education course at the Southern Methodist University in a move that has seen the establishment of SMU’s Highland Capital Management Tower Scholars program.