In 2016, The Family Place, a leading organization in Texas that supports family violence victims, received $1 million grant award from Highland Capital Management through its philanthropic arm, Highland Dallas Foundation. The grant was contributing towards the organization’s Legacy Campaign that aimed at raising $16.5 million by April 2017. The campaign supported the construction of Ann Moody Place, a counseling center in Central Dallas for victims of family Violence.
James Dondero, the co-founder, and president of Highland Capital Management said that their contribution was in response to a call to action by Mayor Mike Rawlings and Dallas Police chief, David Brown. He also said that his company appreciated how the Family Place had used the philanthropic support it received to carry its campaign to the end in just a year. Mr. Dondero’s grant ensured that the Family Place finished their campaign strong.
An addition to being a highly active philanthropist, James Dondero is a successful businessman and a prolific manager. His experience in equity and credit markets spans over 30 years. His company, Highland Capital Management is among the largest and most experienced alternative credit managers globally. Under Mr. Dondero’s leadership, the company received numerous prestigious awards in 2014.
James Dondero began his career in the Morgan Guaranty training program in 1984 as an analyst. In 1985 he joined American Express as a bond analyst before becoming its portfolio manager where he managed fixed income funds worth approximately $ 1 billion. In 1989, Mr. Dondero became the chief investment officer at GIC, a subsidiary of Protecting Life. He guided the business from startup to $2 billion in only five years before leaving in 1993 to start Highland Capital Management with his partner Mark Okada.
Mr. Dondero is an alumnus of the University of Virginia where he graduated with highest honors majoring in accounting and finance. In Addition to managing Highland Capital Management, the certified management accountant (CMA) also serves as the chairman of the board for Cornerstone Healthcare, Nexbank, and CCS Medical Corporation. His excellent work history has earned him the right to use the CFA (Certified Financial Analyst) designation.