How James Dondero Has Benefited Dallas’ Financial And Nonprofit Sectors

Dallas area businessman James Dondero is a leader at multiple institutions around the city. He is a co-founder of Highland Capital Management, its president, and a hedge fund manager. He is the chairman of the board of directors for NexBank. He also serves as a chairman for CCS Medical, Cornerstone Healthcare, MGM Studios, and NexPoint. He earned degrees in accounting and finance at the McIntire School of Commerce in Virginia and is both a chartered financial analyst and a certified management accountant. Read more at Wikipedia about James Dondero.

His career in the financial industry started in 1984. James Dondero was a member of the Morgan Guaranty training program and worked for it as a financial analyst. A year later he found a new job at American Express where he analyzed corporate bonds. He was soon a portfolio manager at American Express in charge of a $1 billion fund invested in fixed income. Learn more about James Dondero at High Yield Credit.

He joined Protective Life’s GIV subsidiary in 1989. James Dondero and a business partner established Highland Capital Management with the backing of Protective Life. A few years later they went fully independent and are still a privately held company. A big focus of their business from the beginning was collateralized loan obligations which are a type of investment that he pioneered.

Along with Mark Okada, James Dondero has grown Highland Capital Management into a multi-billion dollar company that manages an array of alternative investments. They have clients around the world who invest in their funds. This includes retail investors and institutional investors. The types of assets they invest in today include private equity, real estate, public equity, and structured credit.

James Dondero has financially helped many nonprofits in the Dallas community. His donation built the new hippo viewing building at the Dallas Zoo. He has also donated large amounts of money to the George W. Bush Presidential Library, the Tower Scholars Program at SMU, Education is Freedom, and the Perot Museum of Natural Science. He recently brought one of the city’s top civic leaders, Linda Owen, on board to manage the Highland Capital Management Charitable Giving initiative.