James Dondero is the co-founder of Highland Capital Management. Currently, he is holding the position of President there. Highland Capital Management is an investment adviser. The firm along with its affiliates will have assets worth approximately $18 billion under its management.
This company is making use of several asset classes as well as structures. These would include separate accounts, hedge funds, in addition to distressed as well as special situations private equity. Next are CLOs, mutual funds as well as ETFs.
Typically Highland Capital Management is considered as a leader alternative asset management. It has always focused on healthcare. This is why the healthcare assets are in the range of $2.3 billion.
James Dondero is managing NexPoint Capital too. He is on the Board of Directors of many companies. A few of these are MGM Studios and American Banknote Corporation. Others include CCS Medical as well as Cornerstone Healthcare besides NexPoint Residential Trust, Inc.
He has over 30 years of experience of being an investor in the credit as well as equity markets. James Dondero is considered as a pioneer for using the Collateralized Loan Obligation or CLO.
He attended the University of Virginia where he studied accounting and finance. Then he joined Protective Life, which is a subsidiary of GIC. He served there as Chief Investment Officer. From 1989 to 1993, James Dondero grew the business to over $2 billion. He is a Certified Management Accountant as well as a Chartered Financial Analyst. He resides in Dallas TX.
James Dondero is overseeing the investment strategies as well as operations for Highland Capital Management. He is looking at retail along with institutional products here.
Under James Dondero management, the funds have received several accolades and awards. These include the 5-star designation for Global Allocation by Morningstar in 2014. Another award in the same year was the Lipper Award for Floating Rate Opportunities. Morningstar also ranked it as #1 Healthcare Long/Short Equity Fund. This too was in 2014.
James Dondero has also worked for American Express. Here he was managing nearly $1 billion for American Express in various fixed income funds.