He is what we can say a jack of all trades with his portfolio being very rich in management for mortgages, emerging markets, common stocks, preferred stocks and bank loans. He is co-founder, chairman and president of Highland Capital Management, he is chairman of Cornerstone Healthcare CCS, a director at NexBank Capital, Inc., MGM Holdings, American banknote corporation, SafetyKleen Inc, a director and member of the compensation committee of NeighborCare, Inc. Mr. James Dondero has Jim as his nickname. He sure has expensive taste as he is said to reside in a posh house in Dallas which is said to be worth over $9 million, one of the most expensive in the area! He is a very learned man with a degree in accounting and finance from the University of Virginia. He also holds a Beta Gamma Sigma from the same university. He is a chartered financial analyst and a certified management accountant. He completed his financial training at the Morgan Guaranty Trust Company.
Mr. James Dondero co-founded Highland Capital Management with Mark Okada eighteen years ago. The company focuses on credit investments and through Mr. Dondero, they are said to be managing assets worth about $20 billion. He has various stints at different companies, and we can call him money man because of his ability to manage huge amounts of money. For example, while working for American Express in the 80s, he managed their assets worth $1 billion where he was working as a corporate bond analyst and portfolio manager. At the GIC subsidiary, Protective Life he raised and managed over $2 billion. He is said to have over three decades of experience in the credit markets having started the Collateralized Loan Obligation (CLO) policy. He also currently oversees strategies and plans for HCM for both institutional and retail products.
Highland capital management is a firm located in Dallas, Texas and that deals in the healthcare industry offering many perks that include fixed incomes and loan assets. The company’s management team led by Mr. Dondero and Mr. Okada, has nine analysts and specialists with a total 120 year experience who together do a wide range of sectors including medical technology, life science tools, biotechnology and pharmaceuticals among others. The company covers over 400 stocks. They deep research and independence in their thinking.
He has won many accolades through his vast management experience. They include, Lipper award for Floating Rate Opportunities, Morningstar’s number 1 rank in healthcare short and long term equity fund among others. The company has invested in the entire health sector and is considered a market leader in its field thanks to the leadership and overseeing of Mr. Dondero.
Mr. Dondero also joins the world of philanthropy and him being a very rich man by virtue of his portfolio, he has and is still being involved in charity work. His initiatives of charity are in education, public affairs and policy. With his rich history and being a pioneer in the healthcare industry, Mr. Dondero is one person who brings change to the world as much as healthcare is concerned.