At a recent luncheon, Highland Capital Management co founder James Dondero offered to provide a $1 million dollar grant. This grant will be used to help provide funding for a local Dallas charity known as The Family Place. This organization provides assistance and support to those who have suffered from family violence. Dondero is urging a number of people in his firm to help provide their support for this cause. This grant will also be used to allow Highland Capital Management to finish its funding project for The Family Place. By helping The Family Place, Dondero and his firm will be in position to assist those who are facing some very difficult circumstances.
James Dondero is the co founder and President of the investment firm Highland Capital Management. He along with Mark Okada established the firm as a company that provided life insurance to consumers. During the first few years of the firm’s existence, James helped build it into one of the most reputable life insurance firms in the United States. While this firm was quite successful, James wanted to make it even better by offering a wider range of financial services. Dondero would begin offering a number of things to help consumers. These included wealth management, asset management, financial advisory services and products such as hedge funds and private equity securities. By the mid 1990’s, Dondero began to offer collateralized loan obligations to clients as well.
When James first started his career, he worked as a credit analyst for a financial services firm. Over the course of his career, James would move up to positions of greater responsibility. He would eventually become a chief investment office where he would manage over $2 billion in assets for major companies. When he was working for investment firms at various positions, James was able to develop the foundation necessary to start his own financial services firm. He used his experience with credit analysis to learn more about credit backed securities. This allowed him to establish a firm that eventually provided this option to investors. When he is not working, James spends his time participating in a number of philanthropic activities.