James Dondero has signed a deal on behalf of Highland Capital Management (HCM) L.P. that will see the company team up with Linda Owen, the former president of the Woodall Rodgers Park Foundation and current Dallas civic leader to provide strategic direction on HCM’s philanthropic activities to expand the firm’s charitable giving. Owen will act on behalf of Highland Capital as the giving manager and will now partner with the Dallas Foundation that implements the HCM’s dedicated charity fund.
James Dondero expressed optimism in the partnership saying that expansion of the philanthropic activities must be coordinated with dedicated professional to ensure the contributions made by the firm make the greatest impact in the society. According to Dondero, Linda has a proven track record on implementing effective public-private partnerships in Dallas and shares the objective and vision of Highland Capital in making the greatest impact in the community.
Highland Capital Management was established in 1993 by James Dondero and Mark Okada. The company has its headquarters in Dallas, Texas and it remains to be one of the largest and most experienced among the global investment management firms. The company is well known for its innovative investment products such as the collateralized loan obligations (CLOs), distressed credit, structured products, high-yield bonds and public equities.
The principal investments focus for Highland Capital are hedging markets, global public equity and fixed income. Highland Capital has also invested in products like natural resources, emerging market opportunities, short and long term equities among others. The investment strategy of the firm has been changing for the last 22 years the firm has been in operation to suit the market needs. For instance, the company has used the alternative investing process to diverse its investment, has used the bottom-up research process across the portfolio, and has used the top-down approach to target investment with the highest potential return in the various asset classes.
Dondero has worked well with his partner Mark Okada to deliver success to the firm regardless of the challenging competition in the market. Both are the co-founders and primary executive of the firm.
Additional Links on James Dondero: