When you think of a Dallas-based investment management firm, you probably think of Highland Capital Management. Highland has become a leader in the area in giving clients the investments they need and returns that everyone wants. Most people in the finance sphere know that Highland focuses on low-cost alternative investments that other firms are afraid to offer because of lower margins for the investment managers, but Highland Capital Management is committed to giving their clients what they want. Because of this focus on the client, Highland boasts over $13 billion in managed assets. Most of this success and client-focus can be attributed to the President and CEO of the firm, James Dondero. Read more at Huffington Post about James Dondero.
James Dondero started out at American Express in the early 1980s. He was a bond analyst and worked to look for trends in the market and translate current conditions and future expectations into profit for his clients. After a few years in the JP Morgan Guaranty training program, he found that he was quite good at coaching clients and creating funds that would return profits. He grew a small fund to over $1 billion in assets at American Express. Only a few years later, he was hired as the Chief Investment Officer at Protective Life. There, he grew another fund to over $2 billion in assets in only a couple of years. Follow James on Linkedin.
— James Dondero (@JamesDondero) January 16, 2018
Using his new-found knowledge and awards for his success, he decided to create his own firm. Thus, Highland Capital Management was born. Now Highland is one of the leading firms in the area and serves several types of clients, including other funds, governments, financial institutions, individuals, corporations, pensions, and foundations and endowments. They offer ETFs, mutual funds, collateralized loan obligations, and many other types of equity and credit investments that make their clients’ money.
Along with success in the business world, Dondero has been able to also create success in the philanthropic world. He has given millions of dollars to area charities and organizations, including several educational societies. He has even given over $10 million in profits away to the George W. Bush Presidential Library since 2012. James Dondero has been and will continue to be, a boon for the Dallas area.