Highland Capital Management, a Dallas-based asset management firm, and Southern Methodist University (SMU) worked together in the endowment of the Highland Capital Management Tower Scholars. This program supports and honors academic and professional pursuits in public policy. In addition, Highland Capital Management supports the George W. Bush Presidential Library and Museum. The partnership between the two entities was strengthened when the president of Highland Capital Management, James Dondero, joined the executive board of the SMU Cox School of Business. SMU Cox’s executive board has 100 members, most of whom are non-academics. These individuals meet three times in a year to discuss the strategies of the business school. James Dondero said that he was honored to work with the Cox School, an institution that plays a major role in enhancing the livelihoods of the residents of Dallas.
James Dondero is one of the founders of Highland Capital Management (HCM). The company, together with its affiliates, has close to $18 billion AUM. The global alternative credit managers focus on hedge funds, CLOs, separate accounts, distressed and special situation private equity, ETFs and mutual funds. HCM, which is an industry leader in alternative asset management, has traditionally focused on the healthcare sector. The company has $2.3 billion AUM in form of mutual funds and institutional funds. James Dondero is in charge of the company’s investment strategies and operations regarding retail and institutional investors.
Mr. Dondero has a rich background in the field of credit and equity markets. With over three decades in the industry, he has been able to develop the Collateralized Loans Obligations (CLO). James is responsible for designing different award winning funds, including the Healthcare Long/Short Equity Fund. In 2014, the Morningstar rated the company’s global allocation with five stars. HCM’s funds were also recognized by the Lipper Award for Floating Rate Opportunities in 2014. Dondero has worked for Protective Life’s GIC subsidiary as the chief investment officer. In addition, he has rendered his services for the American Express. James enrolled in the University of Virginia where he studied accounting and finance. He serves on the boards of various companies, including MGM Studios, American Bank Corporation, Nexbank, Cornerstone Healthcare and CCS Medical.