The co-founder and the CEO of Highland Capital Management, L.P., James Dondero in October of 2016 announced that the company had awarded $1 Million challenge grant to help The Family Place organization. The Family Place is one of the leading organization in Dallas that assist victims who come from families with violence. Dondero also announced that the company would raise $2.8 million to be used for the Legacy Campaign.
Other than the donation made to the Grant, Highland Dallas Foundation said that it would match 50% of the money raised for this campaign up to $1 million. Since the proclamation, the Family place has been able raise 200,000 which Highland grant match with $100,000. Dondero and his company are aimed at supporting the Grant because the company is known to answer any call to action done by Dallas Chief of Police or Mayor. Other than helping those who are in need the Family Place also helps the building and setting up of a new central Dallas Counselling Center for people coming from families that are violent. The center is aimed to give shelter, medical and dental care, counseling, and space to be used in job training.
About James Dondero
James Dondero got the highest honors Beta Alpha Psi and Beta Gamma Sigma from the University of Virginia. He also has a Dual major in accounting and finance that he received from McIntire School of Commerce. He has also been certified as Public Accountant, Management Accountant, and Chartered Financial Analyst. Dondero is the chairperson at the NextBank, CCS Medical, and Cornerstone Healthcare. He is a board member of the American Banknote and MGM studios.
Dondero has been working in the credit and equity market for over 30 years working with companies like the corporate bond Analyst and American Express. It is the experience that he got from this time that enables him to be a part of creating an investment advisor body Highland Capital Management. The company was founded in 1993 and has become the pioneer in the creation and development of the Collateralized Loan Obligation. Thus, this system has been able to come up with solutions that are oriented for retail investors and institutions worldwide.