On 7th October 2016, James Dondero who is the president and co-founder of Highland Capital Management announced that the firm had awarded $1million to support The Family Place. The Family Place is an organization based in Dallas that helps victims of family violence. The contributions were announced during the organization’s 21st Annual Trailblazer Awards held at Hilton Anatole in Texas. Since the announcement was made, the group has raised another $200, 000 towards its campaign. Dondero expressed his gratitude by saying how impressed the Highland Capital Management was by how The Family Place carried out its campaigns to raise money. He also said that his company is quite honored to invest alongside thoughtful and generous individuals in the community.
The Family Place campaign is aimed at supporting the operations and construction of a counseling center in Dallas to help victims of family violence. The facility is expected to have thirteen emergency shelter bedrooms, a call center, a dental and medical clinic, rooms for job-training, and multiple private rooms for counseling adults and children. The facility is designed to serve approximately 2, 000 victims annually by providing emergency shelter. The Ann Moody Place is also planned to support the Be Project. The Be Project offers an education program to prevent teen dating violence and bullying. The program reaches an estimated 6,000 students yearly. The facility is also planned to have an animal shelter for pets and a child development center. The Family Place is a valuable project that James Dondero has supported since its inception.
Dondero graduated from the University of Virginia with a degree in finance and accounting. Mr. James is also a Certified Management Accountant who has earned the right to employ the Chartered Financial Analyst (CFA) designation. Before Highlands, he was the chief investment officer for GIC’s subsidiary, Protective Life. He grew the business to $2billion within five years. Before joining Protective life, James had managed an estimated $ 1 billion for American Express.
James Dondero who currently resides in Dallas Texas oversees Highland Capital Managements’ operations and strategies for both institutional and retail products. His three decades experience has enabled to gather adequate knowledge and skills in his profession. He is a committed and innovative manager with the aim of bringing revolutionary changes to his company. He is also a pioneer of Collateralized Loan Obligation (CLO).