Highland Capital Management is an alternative investment firm based in Dallas. Besides its central operations, the company is involved in various philanthropic deeds to the Dallas community. Recently, the firm, together with its president, James Dondero, decided it was time to implement new methodologies to enhance their philanthropic activities.
In this respect, Highland Capital Management went in pursuit of an established charitable partner. They ended up partnering with The Dallas Foundation, headed by president and CEO Mary Jalonick, together with her team of philanthropic experts. James Dondero was keen to state that Highland Capital Management had selected The Dallas Foundation due to their broad and robust networks, as well as their background of success within the nonprofit communities.
Since then, James and Mary have gone ahead to establish a philanthropic structure meant to facilitate aspirational and useful donations. To support that framework and push James Dondero to realize his charity dreams, they formed the Highland Dallas Foundation Inc.
About Highland Capital Management
Formed in 1993, Highland Capital Management in a SEC-registered alternative investment firm. Together with its partners, it manages over $13 billion in assets. The firm specializes in offering credit strategies such as hedge funds, distressed and special situation private equity, as well as collateralized loan obligations.
James Dondero’s Background and Career
Mr. Dondero’s career began when he was enrolled in the Morgan Guaranty training program in 1984. During the similar year, he also earned double honors in finance and accounting and graduated from the University of Virginia’s McIntire School of Commerce. He also holds a Certified Management Accountant (CMA) certificate as well as a Chartered Financial Analyst certificate (CFA).
In 1996, he got the rare opportunity to join American Express on the position of Corporate Bond Analyst. He was later promoted to portfolio manager and put in charge of over $1 billion in assets. In 1989, James Dondero held the position of Chief Investment Officer of Protective Life’s GIV subsidiary and was able to grow it from concept to worth over $2 billion in 1993, after which he left and founded Highland Capital Management.