James Dondero attended the University of Virginia’s School of Commerce where he achieved his Bachelor of Science degrees in not one but two fields of study. Having a degree in accounting and finances landed James a job at JP Morgan Chase & Company in 1984. Here, James would create a financial training program that was such a success it earned James his dream job at American Express. Between the years of 1985 and 1989, James would manage over $1 billion in fixed income funds for the clients of American Express. Word was spreading of his success and skills in the industry, and soon James would receive an offer to become the Chief Investment Officer of Protective Life’s GIC Subsidiary to which he accepted. Once a mere concept of a company, the Subsidiary flipped into a $2 billion success story with the guidance of Mr. Dondero and the news traveled quickly; His peers would soon call him the most prominent alternative credit manager in the world. Visit Patch.com to know more about James.
— George W. Bush Presidential Center (@TheBushCenter) June 27, 2018
It wasn’t until 1993 that James Dondero became the Co-founder and President of an investment firm headquartered in his hometown of Dallas, Texas, known as Highland Capital Management. It was not enough to sit on his wealth, however, for James has always had a passion for giving back to the people in his community. Therefore, every fiscal year, $3 million is dedicated to helping initiatives in the city that support its residents in living more fulfilling lives. The charitable team at Highland Capital Management assist James Dondero with the work of finding any non-profit organizations that have initiatives to put something of worth back into their community. A few examples of the organizations that have received donations from Mr. Dondero and his team are; The Perot Museum of Natural Science, The George W. Bush Presidential Library and Institute, Snowball Express, and Uplift Education, to name a few. Another recent example in the $1 million challenge grant given to The Family Place, a shelter that provides a haven for men in the city who are victims of domestic violence and need an escape. Housing is close to medical care, and support staff is available 24-hour’s on the featured crisis hotline. Read this article at barrons.com.