In October 2016, the president of Highland Capital Management (HCM) L.P, announced that the firm had offered The Family Place $1million challenge grant in support of their Capital Campaign. The Family Place is an organization based in Dallas which helps victims of family violence. The award aims at helping the organization reach their target of $2.8 million for their Legacy Campaign. It was at The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon that the announcement was made.
The organization has already raised an additional $200,000 from the time HCM made their announcement. Highland’s challenge grant has helped boost the campaign considering that only $2.8 million is required to reach the target of $165.5 million. Dondero said that the subsidy is in response to pleas from Dallas leaders Mike Rawlings (Mayor) and David Brown (Police Chief) to help the community deal with life threatening issues. Dondero stated that he was happy with the activities going on at The Family Place and that HCM was glad to join other generous people and organization to support the campaign.
James ‘Jim’ Dondero is the president and co-founder of Highland Capital Management. He boasts of over three decades experience in the equity and capital markets. In 1984 James graduated from McIntire School of Commerce in Virginia earning honors in Finance and Accounting. He is also a Certified Management Accountant and a Chartered Financial Analyst. Immediately after graduation, he joined the Morgan Guaranty program where he started his career as an analyst. In 1985, he became a Corporate Bond Analyst and later the Portfolio Manager at American Express.
He left American Express four years later and served as the Chief Investment Officer of GIC subsidiary of Protective Life. His leadership skills enabled the subsidiary to grow to over $2billion. He co-founded HCM in 1993. The firm has been instrumental in developing credit solutions for individuals and institutions on a global scale. James is also the chairman of the board of CCS Medical, Nextbank, Nextpoint and Cornerstone Healthcare. He is a member of the board of MGM Studios and American Banknote. Mr.
Dondero also supports many philanthropic activities some of which include Snowball Express and Uplift Education. You can find more information on HCM’s involvement in The Family Place’s campaign here: http://www.prnewswire.com/news-releases/james-dondero-announces-1-million-challenge-grant-from-highland-capital-management-to-finish-the-family-places-165-million-capital-campaign-300341376.html/