The co founder of Highland Capital Management James Dondero recently announced that he will give $1 million to a local Dallas charity known as The Family Place. This organization helps support victims of family violence. With the $1 million grant offered by James, The Family Place will be able to come up with a considerable portion of the $2.8 million it needs to fund its annual Legacy Campaign. Dondero’s announcement of providing the grant came when he attended the 21st annual Texas Trailblazer Awards Luncheon. By providing this $1 million grant, James Dondero will be in position to continue making a difference in his community.
James Dondero co founded Highland Capital Management in the year 1993. He started this firm after a long career in the finance industry. When starting up Highland Capital Management, James Dondero looked to continue working with large institutional investors by managing their capital. James had his firm offer a number of ways to manage large amounts of capital by taking advantage of hedge funds, equity securities and collateralized loan obligations. Over the years, James and his firm have helped a number of investors more easily and efficiently manage their capital on a regular basis. With this success, James decided to expand his firm to other parts of the world in countries such as the United Kingdom, Brazil and South Korea.
Prior to starting up his own finance firm, James Dondero worked in the finance field as a credit investor and a chief investment officer. At the beginning of his career, James was working as a trainee in which he would analyze and invest in credit securities. He experienced a considerable amount of success at this position as well as gaining some valuable experience. After a number of years, Dondero would advance to higher level positions such as chief investment officer. When working at this position, James would manage billions of dollars in assets for major corporations such as American Express. Before James started his career, he went to the University of Virginia where he attained degrees in accounting and finance. In his spare time he engages in philanthropic activities for causes such as education, healthcare and veterans affairs.