Dallas Benefiting from James Dondero’s Wealth:
James Dondero began his career as a financial analyst in the mid-1980s. Today, he is president and co-founder of Highland Capital Management, a Dallas based investment firm that manages nearly $15 billion in assets. Its clients include governments, corporations, financial institutions, pension plans, and high net worth individuals.
But managing the wealth of companies and individuals is not the only goal for James Dondero. He also uses his money to make life better for many citizens of Dallas. Over the years, Dondero and Highland Capital have donated millions to various community organizations, programs, and institutions to enrich the lives of children, students, and adults.
The firm contributed $2 million to the Tower Scholars Program at Southern Methodist University, which gives undergraduates experience in public policymaking and offers study abroad opportunities. Dondero has also donated to the Perot Museum of Natural Science to provide children a hands on experience in math, science, and technology. Another donation to Education is Freedom helps at-risk youth pursue a college degree. Another organization that has benefited from Highland’s money is Snowball Express, which takes children of fallen service members to amusement parks, sporting events, and dances. Highland also funds Capital for Kids, where investment management professionals volunteer to help children in need. Dondero has even donated money to the Dallas Zoo to construct a habitat for hippos.
James Dondero is a graduate of the University of Virginia’s McIntire School of Commerce. He worked for American Express from 1985-1989 before becoming the Chief Investment Officer of Protective Life’s GIV Subsidiary, which grew to $2 billion under Dondero’s management. Dondero co-founded Highland Capital Management in 1990 as a joint venture with Protective Life.