James Dondero and Linda Owens announced recently in Dallas that they will team up to enhance the strategic direction of all of Highland Capital Management, L.P.’s many philanthropic activities now that the company’s charitable program will be expanding exponentially. She is a renowned Dallas civic leader and he is co-founder/president of Dallas’ own Highland Capital, which also administers charitable funds distribution through The Dallas Foundation. The foundation is currently focusing on a number of worthy causes like the Center for Brain Health, the George W. Bush Presidential Library and Museum, the American Heart Association, the Perot Museum of Nature and Science, and the Dallas Zoo.
Highland Capital began in 1993 when it was founded by Mark Okada and James Dondero. Now Highland Capital, in association with several affiliates, is responsible for controlling some $17 billion worth of assets. In addition, the company is also specializing in numerous credit strategies, such as credit hedge funds and CLOs.
With many successful years of involvement in portfolio management, which also includes emerging market debt, high-yield bonds, derivatives, mortgage-backed securities, both common and preferred stocks, investment grade corporations, and leveraged bank loans, Dondero is also in charge of administering contributions to charitable organizations via The Dallas Foundation totaling more than $3 million. He also serves as one of the directors of Cricket Communications, Inc., Prospect Street High Income Portfolio Inc., MGM Holdings Inc., and Metro-Goldwyn-Mayer.
Source: Dallas- Business Wire – http://www.businesswire.com/news/home/20160608006430/en/James-Dondero-Teams-Dallas-Civic-Leader-Linda
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