High Yield investments are popular among those with plenty to risk as James Dondero can vouch for with his mastery and skill at handling billions of investment portfolios for his high end clients. The main attraction for these transactions are the long-only high yield alternative investments in the credit market along with middle market business distressed loans. Who is James Dondero and how did he become such a high yield consultant and successful credit market hedge fund manager? He is currently the President and Co-Founder of Highland Capital Management (HCM)headquartered in Dallas, Texas. With over three decades of hands on funds management beginning in the credit products industry with $1 Billion in credit accounts to manage he has become one of the most respected and qualified credit and equity-debt funds managers that can be found.
He graduated with two majors, Accounting and Finance at the top of his class, Beta Gamma Sigma, Beta Alpha Psi from the University of Virginia and from the McIntire School of Commerce respectively. He continues to hold current his Certification in Management Accounting, (CMA) and he also is awarded the privileged qualification the Chartered Financial Analyst (CFA) title.
There are a wide variety of products available to investors in the alternative credit investment market. While at Highland Capital Management, President Dondero has worked with his experts to craft some innovative new products such as the Collateralized Loan Obligation (CLO). Although debt purchases have been around for many years, these types of investment products are very suitable for the current market advancements and economic conditions. These CLOs attract investors who have distinct preferences and James Dondero is highly qualified to offer the kind of service and advice to those who fit well to these particular investments. Other items that are more familiar with the debt-equity market showcase are the award winning packages such as hedge funds, private equity funds, REITs, ETFs and institutional separate accounts.
Aside from his activities as President of HCM, he serves as a board member on the boards of MGM Studios and American Banknote. He is also Chairman of the Board for Cornerstone Healthcare, CCS Medical, and Nexbank. With such a vast array of successful ventures on his plate, James Dondero, CMA, also has a wide range of philanthropic interests where he gives his resources and time. Some of his top initiatives are education, veteran’s affairs and public policy making.
James Dondero worked as a ground up strategist in the build out of the GIC Subsidiary of Protective Life, with managing funds of $2 billion dollars as the Chief Investment Officer, between 1989 to 1993. He started all of his investment management duties soon after earning his degrees in 1985 as Corporate Bond Analyst for American Express, where he was soon promoted to Portfolio Manager. He has so much experience in the credit markets that it would be difficult to find anyone more qualified than he is for alternative investment management.