James Dondero started his career in the financial industry in 1984 when he was brought on as an analyst at JP Morgan in their training program. He went on from there to work at American Express as a manager specializing in fixed income funds between 1984 and 1989, and after that, he became the Chief Investment Officer for a subsidiary of the insurance company Protective Life, which he helped turn into a $2 billion enterprise. Follow James on Linkedin.
He attended the University of Virginia, earning two Bachelor of Science degrees in Accounting and Finance from its School of Commerce, and graduating with high honors. Having accounting experience, he once worked as a Certified Public Accountant before later deciding to start his own investment firm in 1993. He named the firm Highland Capital Management, and it was co-founded by his business partner Mark Okada, who, like him, is also an expert credit and equity manager.
James Dondero has over 30 years of experience in the field of financial management. His company, Highland Capital Management, is based on alternative investment solutions, where advice is given on investing in credit accounts such as, hedge funds, mutual funds, separate accounts, distressed investment funds and collaterized loan obligations, or CLOs. The company offers their expert advice and strategies at a low cost to clients.
Besides being the co-founder and president of Highland Capital Management, James Dondero sits on the board of the Southern Methodist University Cox School of Business, as well as on the board of healthcare companies such as, CCS Medical and Cornerstone Healthcare. Additionally, he is a board member of a financial company called American Banknote, and of the popular entertainment production company MGM Studios. He is also the Chairman of the banking institution known as NexBank.
Independently owned Highland Capital Management has been in operation for more than 20 years, and under James Dondero’s leadership, it has gained over $18 billion in assets. The company is based in Dallas, Texas, but also has offices in New York, Brazil, Singapore and Seoul. Dondero’s philanthropic contributions are geared toward supporting veterans charities, as well as organizations that promote education. Read this article at barrons.com.