After spending many years working for the American Express and overseeing an assortment of assets, James Dondero decided to start his investment firm in the year 1993. He founded Highland Capital Management, and it turned out to be an instant success. It had about $2 billion worth of assets to manage in the first five years of its existence. By the year 2014, the firm had grown immensely under the headship of Dondero. It included a wide variety of investments to manage among them equities and hedge funds. The market diversification was designed to ensure that the company continued making profits and safe at all times.
The hedge fund mogul has been working in the financial sector for over 30 years and is still determined to maintain the prime position of a key player in the equity markets. Jim Dondero oversaw a variety of assets for the American Express before deciding to venture into private business in the year 1993. That led to his establishment of the Highland Capital Management. The tremendous success of HCM helped Dondero to become one of the most-sought-after personalities at boardroom level. The stature made him get appointed to the board of Warner Bros Studios as a financial expert.
Success at Highland Capital Management
HCM has become a key part of the international financial industry through its introduction of credit solutions for use by major retailers. That helps the development of the firm as retailers seem to continue requiring the solutions even in future. The levels of success garnered by Highland Capital Management have ballooned to see the assets it manages surpassing $18 billion by the year 2014. The achievement is bound to continue as Dondero pushes the firm to achieve more success in future. The assortment of sectors Dondero is working in at boardroom level is offering him immense experience and skills. Dondero’s vast exposure is seen as a hotbed of success and reassures the future of the Highland Capital Management.
Mr. Dondero is viewed as a sign of success in every venture he tries his hands. That is the reason he was appointed the new portfolio manager at the NexPoint Credit Strategies Fund. Between 1989 and 1993, Dondero played a crucial role that helped the business to rise from a start-up to $2-billion worth investment. He also made the firm popular globally. His experience as a high-profile manager includes in derivatives, high-yield bonds, emerging market debt, equity, mortgage-backed security, investment grade corporate and leveraged bank loans.
The globally renowned hedge fund guru has a rich education background that helps him to be more competitive in business. He holds a degree in Commerce from the University of Virginia with specialties in Accounting and Finance. The business magnate also pursued various courses and was conferred with coveted professional certificates from respected education institutions. Among his many professional accolades include being a Chartered Financial Analyst, Certified Management Accountant and Certified Public Accountant.