James Dondero; a Future of Hedge Fund Management

Hedge fund is a business that includes the management of pooled capital from a vast spread of investors investing it majorly into securities. This technically means that a lot of capital is amassed together resulting into a huge investment. This can only be managed by an equally larger firm run by disciplined, trusted and highly qualified individuals. Hedge fund is a rare field that is only attempted and managed by a few high ranking individuals with guts to take risks. It is also one field that boasts of having the richest individuals on the planet.

Somewhere at a corner on this earth lays a really trusted firm that manages up to $21 billion assets that deals in structuring investments and distressing investment funds besides the famously known hedge funds. This is the Highland Capital Management.

But the most trusted and respected individual in the hierarchical management in this firm is its founder, Mr. Jim Dondero who manages a team of excellent and self respected individuals spread across the different ranks in the organization. He also boasts of constantly availing equity funds, set allocation funds, alternative funds, income funds and exchange traded funds with the help of that smart workforce under him hence stay relevant in the industry.

However, getting to be the chairman to a board of a high rolling employee owned company like Highland Capital Management is not a walk in the park neither is it a luxurious drive to the city. One has to really work hard and achieve a milestone like that of James Dondero on facebook. For instance, managing up to $1 billion fixed income funds for American Express single-handedly from 1985 to 1989 is quite a milestone to note down.

Mr. dondero cofounded the company way back in 1993 where he is the partner and portfolio manager. He co-founded it alongside Mr. Mark Kiyoshiu Okada.

Prior to that, who resides in Dallas, had also expanded his experience and hit skyline achievements including, growing, Protective Life GIC subsidiary’s business value to a staggering new figure of $2 billion in a period of 5 months between the years 1989 to 1993 during the period he had worked as the Chief Investment officer. He had done that through the trade of high yield loans, leveraged bank loans and others.

Besides Highland Management, he also on September 25th 2012 till to date became the Portfolio manager of Nexpoint Credit Strategies fund. He also has co-founding, managing partner, portfolio managing and greatest of all Presidency of Nexpoint Capital Inc. posts under His Golden belt since the year 2014 to date.

As if that is not at all enough, he is still the president of Nexpoint Multifamily Realty Trust since 2014. Up to date, he has a portfolio value of a whopping $4,912,889,000.

To get over 30 years experience in credit markets on the Resume and still count others does not come without a proof of a University Degree. Mr. Jim is a proud owner of one such degree from the University of Virginia. He has a BS in Commerce (Accounting and Finance).

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