Highland Capital Management has become one of the most well-respected and profitable investment firms in Dallas. They currently have over $13 billion in managed assets and can even boast a $2.3 billion healthcare fund practice. Many of the reasons for Highland’s success can be owed to the innovative investment strategies of its President and CEO, James Dondero.
Dondero got his start in finance at American Express as a corporate bond analyst. There he was given the opportunity to manage a fund, and he quickly grew it to over $1 billion in assets. At the same time, Dondero was accepted into the JP Morgan Guaranty Training program, one of the most prestigious financial programs offered in the 1980s. With his knowledge gained from American Express, as well as his new knowledge from the training program, Dondero was ready to take the investment world by storm. He was made Chief Investment Officer at Protective Life, and then he founded his own company, Highland Capital Management, in 1993. Read this article at barrons.com.
James Dondero started his own business at a relatively young age, only 10 years after leaving college. However, he made up for this young age with a host of business acumen and the resources to make just about anything possible. James Dondero decided to start more funds in emerging markets, something other, more traditional, fund managers were wary of doing. He also started several funds focused on collateralized loan obligations, something that created a very low-cost return for investors. After several years of challenging the investment strategies of old, Dondero broke through and made his company successful. Read more about James at Crunchbase.
— Highland Capital (@HighlandCapMgmt) December 7, 2017
Now Highland offers all kinds of mutual funds, ETFs, and CLOs. They have clients that are funds of funds, public and private pensions, governments, financial institutions, corporate investors, and individual investors. Even with all of this new-found success, Dondero and his team still contribute millions of dollars to the local community. Highland donates to the Tower Scholars Program at SMU, Education is Freedom, the Perot Museum of Natural Science, and many more institutions. The company has even donated over $5 million to the George W. Bush Presidential Library and Institute since 2012. Overall, Dondero and Highland Capital Management fully intend to continue their success and bring notoriety to the Dallas area.