James Dondero is one of the leading minds in fund management of this generation. Dondero is currently the President and CEO of Highland Capital Management, a firm that he founded in 1993. Throughout his career, he has been known to make innovative and risky decisions, but in the end, they have all helped to make him one of the most successful fund managers in the Dallas area.
— Highland Capital (@HighlandCapMgmt) December 6, 2017
James, or Jim, Dondero started his financial career right out of college. After graduating from the University of Virginia, he applied and was accepted into the JP Morgan Guaranty program, a prestigious program aimed at teaching tomorrow’s investors and fund managers how fund management works and how to capitalize on market trends. Soon after, he was awarded a position at American Express as a corporate bond analyst, starting his career in earnest. Read more at Huffington Post about James Dondero.
Dondero has a track record of success. While at American Express, James was given management privileges over a smaller fixed income fund. Soon enough, he grew the fund to over $1 billion in assets. Later in his career, while he was the Chief Investment Officer of one of Protective Life’s GIV subsidiaries, Dondero was given control of another $2 billion fund, giving his investors the returns they could only dream of. With all of this success, James Dondero thought it would be a good idea to start his own firm, and could not be more right.
While in charge at Highland, this fund investor made several decisions about the services to offer and how to maximize returns. James Dondero fully embraced emerging market funds when other fund managers were wary of the international climate. He also focused on offering a new kind of investment tool, collateralized loan obligations, as a way for investors to get low-cost returns on their funds. Dondero even used his connections and knowledge of the healthcare industry to start up several health funds at the firm.
All of these decisions contributed to Highland Capital Management’s success. Now, the firm can vaunt its $13 billion in assets under management, including a $2.3 billion healthcare fund. James Dondero will continue to meet the needs of his clients for years to come through his innovative investment strategies. Follow James on Linkedin.