Jim Dondero, the high-Powered Dallas hedge fund manager, is a commerce graduate of the University of Virginia with a major in accounting and finance. He began his career as an investment analyst in 1984 and has served in various organizations at different positions and , in the process, played a critical role in shaping the investment industry over time.
James Dondero is a co-founder and the CEO of Highland capital Management. He resides in Dallas, Texas, where Highland is headquartered. Through Highland Capital, he has become popular as a pioneer in the development of the Collateralized Loan Obligation Market and Credit Oriented Solutions for investors and global institutions. His experience in credit markets spans over 30 years. Dondero’s portfolio management include leveraged bank loans, derivatives, preferred stocks and common stocks, mortgage-backed securities, emerging markets, and investment grade corporates.
Before founding Highland in 1993, James Dondero was the Chief Investment Officer (CIO) for Protective Life’s GIC subsidiary. Within duration of five years, under his able leadership, the business grew swiftly from concept to over two Billion US Dollars. His success at the subsidiary of Protective Life is often associated with his prior experience and education background. During the period leading to his appointment to lead the company, Dondero managed approximately one Billion US Dollars in fixed income funds for American Express. Prior to that, he completed the financial training program at JP Morgan.
Highland Capital Management is an SEC-registered investment advisor and is one of the largest and most experienced global alternative credit investment managers. According to information from credible industry sources, the firm has total assets under management of approximately $20 billion. Highland specializes in credit investment. However, they also invest a small portion of this AUM in equities. Highland pride themselves in their diversified client base that foundations, funds of funds, high net-worth individuals, endowments, corporations, financial institutions, and public pension plans.
Dondero is currently serving as the Chairman of the Board of NextPoint Residential Trust at the same time. In May 12 2015, Nextpoint announced that James Dondero and Arthur Laffer had been appointed as members of their board of directors. In the words of Brian Mitts, Chief Financial Officer of NexPoint Residential Trust, the company is excited and is looking forward to seeing the added value and expertise that the two high-quality individuals would bring to their team.
Apart from NextPoint Residential Trust, Dondero serves on the Board Directors for American Banknote and MGM Studios. He is also serving as the Chairman of the Board for CCs Medical Corporation, and Cornerstone Healthcare.
James Dondero’s hard work has borne fruit in his career. Funds associated with his management have received several prestigious awards. Some of these awards are the Morning Star’s number one Health care Long and Short Equity Fund in 2014, Morning Star’s 5-star designation for Global Allocation in 2014, and the Lipper Award for Floating Rate Opportunities in 2014. Dondero’s path to success is evidently a long one. It is also characterized with dedication to service and servant leadership.