James Dondero is becoming more and more recognized each year. The main reason his name is becoming more recognizable is because of his quick and meteoric rise to the top of the investment management ladder in the Dallas area. Another reason is for his charitable giving and his ability to give back to his community. Visit his website at jamesdondero.com.
James Dondero started in the finance arena right out of college. After earning his Bachelor’s degree in accounting and finance, he started working as a bond analyst at American Express. During this time, he was also accepted into the prestigious JP Morgan Guaranty training program. Here he learned the secrets of investment management and how to work with clients to match their investments to their needs. Dondero used this knowledge to build a fund with over $1 billion in assets at American Express, and then build a fund to over $2 billion in assets at his next position as Chief Investment Officer at a Protective Life subsidiary. Dondero knew that there was more to the investment market, and he decided to go alone and found Highland Capital Markets in 1993.
— Highland Capital (@HighlandCapMgmt) September 26, 2017
A lot has changed in the finance world since 1993, but Dondero and Highland Capital Markets has continued to prosper. Most of this is due to adaptations and the willingness to take new risks. Most of the world was wary of emerging markets in the early 2000s, but James Dondero decided to make it one of the alternatives available to his investors. Many people were also not willing to create collateralized loan obligations or CLOs, but James Dondero decided that this would be one of the premier offerings of his firm going forward. All of these strategies paid off, and now Highland Capital Markets can boast over $13 billion in managed funds and a burgeoning healthcare practice with $2.3 billion in funds to work with. Read more about James Dondero on Bloomberg.com.
As well as being a leader in the finance world, Dondero is also a leading philanthropist. He has given to several charities and organizations for years, including Education is Freedom, the Perot Museum of Natural Science, and the Tower Scholars Program at SMU. He has even donated over $10 million to George W. Bush Presidential Library over the past five years. Overall, he will continue to do Dallas proud.