James Dondero is a household name in the United States. The hedge fund manager is known to many people as the president to one of the largest companies in the country, known as Highland Capital Management. The businessman founded the institution several decades ago, and he has worked hard to make the company a leader in the international market.
Not long ago, the hedge fund manager announced that his firm would be awarding one million dollars in grants to foster development in an institution known as Family Place. The organization is very popular in Dallas, and it supports family violence victims who are living in the area. The Family Place has managed to raise almost three million in a special campaign that is expected to run for six months. Read this article at barrons.com.
James Dondero made the special announcement during the popular Annual Texas Trailblazer Luncheon awards that were held recently. Dondero also said that the one million grant would be made through the Dallas Highland Foundation that specializes in donations. The grant will match fifty percent of the funds raised during the six months campaign. The foundation is the special arm of Highland Capital Management.
Although James Dondero made this announcement in October, Family Place has already managed to raise over two hundred thousand dollars to support the Legacy Campaign. Dondero and his firm have already given one hundred thousand to support the campaign so far. Family Place is looking forward to raising 17 million dollars. The charity organization has been doing well in its fund raising activities, and it has announced that it is impressed by the progress made in the recent months. With the one million dollar grant from Highland Capital Management, the institution says that it’s confident of achieving its set target. Read more about James at Crunchbase.
James Dondero and his firm have done a lot for the communities living in Dallas and its environments. As the president of the international company, Dondero says that he wants to make a positive impact on the residents of the city. Dondero has also been instrumental in the success of the firm. His expertise and skills in the financial department have assisted the company over the years.
Businesses based in various specialties experience challenges especially in the initial stages of establishment. A startup needs a lot of support from professionals who understand how to nurture an idea and someone who is skilled enough to overcome the many market forces that bar a business from progressing seamlessly. To allow startups in Switzerland to grow well, Mike Baur launched a facility that offers creative entrepreneurs a space where they can build their ideas with support from experienced individuals.
Mike Baur, having exited banking in 2014, launched the Swiss Startup Factory. Through this facility, many people have been getting massive support to steer their businesses and to manage their startups. His target was to help talented startups to achieve their dreams and this seems to have worked out quite well.
As many as 100 startups have benefitted from the incubation program that runs across three months. Mike Baur also celebrates the fact that the Swiss Startup Factory is currently the biggest incubation facility in the entire country. Impacting the lives of many entrepreneurs and bringing to the market revolutionary products is a dream that has come true within less than five years.
Legal and accounting support
Apart from having a perfect idea that is aligned towards growing and offering great returns, entrepreneurs have to also understand about legal and accounting requirements that they should fulfill to avoid getting into issues later while running the business. To make this process easy, Mike Baur approached several universities in the country and was offered a deal to partner with them. These partnerships availed resources and the tools needed to lead the businesses and to help manage the ideas that were presented by the entrepreneurs. Accounting and legal support has helped the startups to enter the market fully prepared.
Another problem many startups suffer is lack of funds to push for the development of the idea. The Swiss Startup Factory offers an opportunity to startups to get finding from successful investors, who can also offer advice regarding the management of the idea.
About Mike Baur
Mike Baur, born and raised in Fribourg, Switzerland, is a renowned entrepreneur in the country. He is the brain behind the creation of the Swiss Startup Factory, which is a facility devoted to offering upcoming entrepreneurs an avenue through which they can manage their ideas. He quit his job as a bank executive to join entrepreneurship and this seems like the best decision he ever made.
When it comes to making a name for oneself in the Realty and investment markets, there is one person who might not be on the tip of everyone’s tongue but should definitely be counted as an up and comer. Lubar has managed to grow his company, TDL Global Ventures into a venture that is truly global, becoming one of the top-earning firms in its sector in the last few years.
TDL has long been the dream of Lubar but that isn’t the first company that he has launched and worked hard to find success. Todd Lubar first got into the real estate business in 1995 with his first firm, which was known as Crestar Mortgage Corporation.
Because he was getting in on the ground floor, Lubar had to figure out how to build relationships that could last. This means that he wasn’t able to go the Donald Trump route, where he could lean on the relationships his family forged. Instead he had to make sure that all the relationships he built were strong on their own merits.
Clearly, those relationships were plenty strong as his companies continued to have success as the years unfolded. As the years did indeed roll by, Lubar was able to grow his business success by opening Charter Funding, a subsidiary of First Magnus Financial Corporation. this has become one of the largest privately held mortgage firms in the country. In 2013, Lubar opened TDL Global Ventures, in order to take advantage of a marketplace he knew like the back of his hand after eight years in the business world.
As the 21st century continues to roll on, Lubar is making sure his business ventures continue to be among the most lucrative in the United States and the world. His most recent moves have indeed made him a global power when it comes to his slice of the business world.
The previous ownership group of the Atlanta Hawks NBA franchise has taken legal action against AIG. According to the previous Hawks ownership group, which includes Bruce Levenson, the lawsuit filed against the New Hampshire Insurance company alleges a violation of a contract agreement with the insurance firm concerning the settlement of claims. An official press release statement by the current Hawks ownership led by the principal owner Tony Ressler, claims that the new regime is fully aware of the lawsuit although they are not part of it. The statement further adds that the principal parties behind the lawsuit no longer have existing connections with the NBA franchise.
The legal action taken by the previous Hawks ownership was prompted by the refusal of AIG to admit receipt of a notification of claim forwarded by Danny Ferry, the previous general manager of Hawks organization, and agree to settle the covered claims. The Hawks organization had taken insurance coverage with AIG against losses pertaining to employment practices. The cover included, but not restricted to, particular acts of unlawful termination as well as workplace torts.
In regards to the claim notice, there are court materials that prove that Hawks organization notified AIG that Danny Ferry had stated claims that in Hawks’ judgment were covered. So based on the aforementioned facts, the previous Hawks ownership firmly believes that AIG had no concrete reasons to neither argue that it wasn’t given a claim notice nor refute that its insurance policy didn’t cover the claim. Although the claim is confidential as proven by, the court documents, the claim seeks to obtain a further 50 % fine for the due loss and legal fees and expenses.
According to ESPN, Bruce Levenson is the previous proprietor of the Atlanta Hawks Basketball and Entertainment LLC. He boasts of a rich educational background having earned a law degree from the American University. He is the husband to Karen and a father of three sons. Apart from business, he also takes part in philanthropic activities and helped fund the center for Philanthropy (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html) and not-for-profit leadership at the University of Maryland.
Read more on brucelevenson.com.