Highland Capital Management is now everything James Dondero and Mark Okada envisioned back in 1993 when they joined forces to form the firm. The SEC-registered investment advisor has helped governments, foundations, corporations and financial institutions when it comes to investment advice. The firm has grown to become a global leader, with an approximated $18 billion in assets under its control. The firm also contributed immensely to the creation and development of the Collateralized Loan Obligation market.
The products offered by the firm have proven successful, with some of them going ahead to receive awards. Some of these include mutual funds, private equity funds, and hedge funds. The firm has built in various environmental, social and governance principles into the many facets of the company. The firm takes great pride in developing cordial relationships with its employees and the communities around them. The firm also strives for trust and transparency when dealing with clients.
To achieve all this, the firm relies on its trusted and well respected president, James Dondero. James Dondero’s career spans over 30 years in the credit and equity markets. His focus has mainly been on high-yield and distressed investing. The Dallas-based entrepreneur was instrumental in leading the firm in the development of credit oriented solutions for both retail and institutional investors from all over the world. The firm is also seen as a pioneer of the Collateralized Loan Obligation Market.
James’s leadership does not stop with Highland Capital Management. Mr. Dondero is the chairman of various firms that include CCs Medical, Nexbank, and Cornerstone Healthcare. He also serves as a board member of MGM Studios and American Banknote. Apart from his role as a leader, Dondero is also a philanthropist. He is actively involved in the support of various causes that include education initiatives, public policy, and veteran’s affairs.
Before joining Highland Capital Management, James had other notable achievements. As the Chief Investment Officer of Protective Life’s GIC subsidiary, he oversaw the growth of the firm from inception to a net worth of over $2 billion. Prior to Protective Life, Jim was a Corporate Bond Analyst at American Express. He was later appointed to be the portfolio manager at the firm.
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