The ink used in signing the charitable giving agreement between James “Jim” Dondero and Linda Owens in a bid to streamline Highland’s philanthropic activities is yet to dry up. To many, such a laudable initiative merely highlights what the over $20 billion worth alternative investment management brand based in Dallas believes in. Owen, who brings aboard a wealth of experience garnered as a one-time Woodall Rodgers Park Foundation’s president and currently a vocal civic leader in Dallas.
But, who’s James Dondero?
Indeed, you recall Jim, the investment-savvy, go-getting Dallas hedge fund manager who, when he’s not holed up in the activities of this company, is perhaps eating a well-cooked piece of a giraffe. This larger-than-life game hunter is also fond of partying to Steve Winwood’s hits and likes to have fun. He recently featured among the top 100 rich homeowners in his neighborhood, and with his latest charity giving travails, he may be, as well, cementing his name as an ardent philanthropist.
As the co-founder and the current president of Highland Capital Management, a multi-billion dollar global SEC-registered investment adviser, all you can expect is one shrewd and experienced person. True to that, Dondero boasts of a vast number of accolades and even more years of experience including being among the pioneers of the Collateralized Loan Obligation. But, his numerous awards and the mega-moneyed brand, Highland Capital Management, haven’t been achieved without his judicious investment skills and a proper understanding of the industry.
Before founding Highland Capital Management in 1993, Dondero had studied the industry for quite a while. Upon earning his Beta Gamma Sigma, Beta Alpha Psi from the University of Virginia, his dual majors in Accounting and Finance along with his business skills were enough to supercharge is business ambitions. He was once a Corporate Bond Analyst and a Portfolio Manager at American Express before becoming Protective Life’s GIC subsidiary’s Chief Investment Officer.
Currently, he’s almost entirely focused on advancing the beliefs of his firm and often supervises its strategies and operations in the company’s retail and institutional products.
Although he’s majorly based in Dallas, Highland Capital Management maintains its presence in New York, Sao Paulo, Seoul, and Singapore. He, additionally, serves a board member of MGM Studios and American Banknote and the chair of Cornerstone Healthcare, NexBank, and CCS Medical Corporation.