James Dondero is increasing his commitment to give back to the local Dallas community by adding a new member to Highland Capital’s board. The new addition is Linda Owen, formerly of the Woodall Rodgers Park Foundation. Owen will be heading up Highland Capital’s charitable giving division, and Dondero is pleased to have her come aboard as a person who build even more relationships with local non-profit and charitable organizations. Dondero and his company are already well-respected in terms of charitable giving, and they’ve contributed to local endeavors such as the George W. Bush Presidential Library and Museum, the Dallas Zoo, and Snowball Express and the American Heart Association. But they hope to build upon this with Linda Owen now aboard.
James Dondero is an investment advisor and hedge fund manager who founded Highland Capital. Before he co-founded Highland Capital, he attended the University of Virginia where he earned his bachelor’s in accounting and finance, and soon after earned his Certified Management Accountant and Chartered Financial Analyst status. He started out as American Express bank’s Corporate Bond Analyst after completing the Guaranty training program, but moved up to becoming a portfolio manager. The first time he was given a chance to start up a business and run with it was when he was put in charge of Protective Life’s GIC, a part of the company that was nothing more than concept when he started, but grew to a subsidiary that managed over $28 million in assets at its completion.
In 1993, Dondero partnered up with Mark Okada to form Highland Capital, then known as PAMCO, and the company was first focused on fixed income markets and equities. The company officially broke off from Protective Life 1997 once Dondero and Okada officially bought the final shares of the company. The company’s investment strategies are focused in both long-term and short-term equity, real estate, emerging markets, and other alternative investments. Highland Capital has also been known for its wide use of Collateralized Loan Obligations (CLOs). Currently, the firm has about $18 billion in client assets that they manage.