James Dondero: Equity and Credit Manager Extraordinaire

Highland Capital Management has over two decades of experience in the financial world. The industry giant currently manages billions of dollars in assets. It specializes in developing alternative equity and credit solutions to maximize clients’ returns. The company pioneered Collateralized Loan Obligations at a time when the market was recovering from the credit and loan crisis as well as the Drexel Burnham bankruptcy. James Dondero initiated the CLOs and they worked on the principle of combining fixed income portfolios, bank loans and securitization into one mix.

Jim asserts that Highland Capital created its first CLO in1996 at a period were the market was served by only a few mutual fund investors and non-bank entities. At this time, all bank loans were held to maturity by only banking institutions. To date the company boasts of 40 CLOs and other structured vehicles.

The company focuses on managing portfolios of alternative investments with low risks and good returns. These include hedge funds, distressed equity funds, mutual funds and exchange traded funds. Due to its due diligence in serving all its clients as well as its pioneering and creative products, the company has won many awards and accolades including the Lipper Award in 2014 for offering floating rate opportunities and the 2015 best CLO award by CreditFlux. One of its affiliate hedge fund, Long/Short Healthcare Fund, was awarded the HFM US Hedge Fund Performance award. The fund outperformed its peers in the industry.

In October 2015, Jim appointed Terry Jones as president of the firm’s institutional products. With a 25-year experience in financial services, he will be instrumental in minimizing and mitigating investment risks by improving the firm’s management structure. He is also expected to drive up the firm’s institutional sales.

James Dondero is the current president of Highland Capital Management. He graduated with highest honors with a double major in Finance and Accounting from Virginia University McIntire School of Commerce. He is a Certified Public Accountant and a Certified Management Accountant. He is also a designated Chartered Financial Analyst.

Jim is a philanthropic enthusiast and supports a number of initiatives in different sectors such as education and healthcare. He serves on several company boards and chairs the CCS Medical, Cornerstone Healthcare and NexBank boards.

Originally posted on The Charlotte Observer:

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