James Dondero is a well-known figure in the state of Texas, being the President and the co-founder of the largest manager of collateralized loan obligations in the United States by dollar amount, Highland Capital Management. The firm was established by Dondero alongside Mark Okanda back in 1993 in Los Angeles, but was relocated in quick fashion to Dallas, where it remains to this day. Under James Dondero’s leadership, Highland became a multibillion-dollar investment firm, and it is operating a number of vehicles and strategies that span across its investment platform. Read more at Wikipedia about James Dondero.
Mr. Dondero attended the University of Virginia, McIntire School of Commerce, and earned a BS degree, before starting his career at J.P. Morgan’s analyst training program. He went on to work for American Express – where he was responsible for around $1 billion in fixed income funds – but left in 1989 in order to join Protective Life. There, he teamed up with Mark Okanda, and the partnership developed into Highland Capital Management. At his firm, he applied his expertise to a number of different areas and managed to turn it into the big player in the financial world that it is today.
Besides being known for his entrepreneurial skills, James Dondero also engages in philanthropy, helping a number of organizations within the Dallas community. He ensured that charitable giving is included in Highland’s mission since the beginning, and he has been using his foundation in order to make an impact on the community and deliver improvements in the area. Both him and the firm he helped establish have supported The Perot Museum of Nature and Science, The Dallas Zoo, The Family Place, and more charity organizations.
Charitable giving is performed through the philanthropic arm of the firm, entitled Highland Dallas Foundation. Mr. Dondero noted that his firm invests in the community by supporting the organizations that aim to advance the area in unique as well as influential ways. When it comes to philanthropy, James Dondero takes a strategic approach, taking into considerations the effect of his giving and recognizing opportunities for organizations to work together in order to maximize the impact. Learn more about James Dondero at High Yield Credit.