James Dondero knows numbers, finances, accounting, and business. It’s his stock in trade. He is a Certified Management Accountant, Chartered Financial Analyst, and Certified Public Accountant. He is also president and co-founder of Highland Capital Management. Dondero helped to start the company in 1993 and is in charge of executing the company’s operational initiatives and strategic investments. He also manages HCM’s private equity business. Since graduating from the University of Virginia with a Bachelor’s degree in Commerce in 1984, Dondero has been helping individuals, businesses, and corporations to make and manage money.
Dondero’s commerce degree shows he has concentrations in finance and accounting. His body of work shows that he’s a whiz when it comes to accounting and finance. Dondero has a unique ability to identify financial trends and good investments. For over 30 years he has helped his clients increase the value of their portfolios while avoiding the financial pitfalls that so often drain people’s wealth.
Prior to co-founding Highland Capital Management in 1993, Dondero held a series of positions which allowed him to demonstrate his ability invest and manage money and his understanding and mastery of credit markets. To prepare himself for this, Dondero participated in Morgan Guaranty Trust Company’s financial training program. After completing the program, he worked with American Express managing fixed income bonds. Between 1985 and 1989 he handled over $1 billion in transactions. Dondero then became Chief Investment Officer for the GIC subsidiary of Protective Life at its inception. By the time he left the company in 1993 it had over $2 billion in assets.
Since the founding of HCM, Dondero has had the opportunity to work with numerous companies and help them to grow exponentially. What make James Dondero unique are his almost intuitive understanding of the management of preferred and common stocks, emerging markets, derivatives, investment grade corporations, leveraged bank loans, and mortgage-backed securities. He is involved in managing the assets of several companies and corporations both nationally and internationally.
Some of the companies with assets and investments under the management of Dondero and HCM include Prospect Street High Income Portfolio Inc., American Banknote Corporation, Leap Wireless International Inc., TerreStar Corporation, Cricket Communications, Metro-Goldwyn-Mayer and MGM Holdings Inc., NeighborCare, Inc., CCS Medical and Cornerstone Healthcare Group Holding, Inc., Safety-Kleen, Inc., NexPoint Capital, Inc., and NexBank Capital, Inc. He’s also on the board of directors of numerous other companies.
Dondero helps to makes clients of Highland Capital Management wealthy by managing their assets using the various funds in the Highland fund complex. They include the Floating Rate Fund, High Income Portfolios, Credit Strategies Fund, Income Shares, Global Allocation Fund, Small-Cap Equity Fund, Distressed Opportunities Fund, Multi-Strategy Fund, Opportunistic Credit Fund, Long/Short Equity Fund, Long/Short Healthcare Fund, Energy MLP Fund, and more under the direction of Dondero and the HCM team.