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.