In response to the call of action by Dallas Mayor Mike Rawlings and Dallas Police Chief David Brown, James Dondero announced $1 million challenge grant on behalf of Highland Capital Management LP. The money was donated through Highland Dallas Foundation Inc., a philanthropic hand of the company. Dondero broke the news during the Family Place’s 21st Annual Texas Trailblazer Awards held at Hilton Anatole in Dallas, Texas.
About Family Place
The Family Place is an organization that provides shelter for the homeless in Dallas region. It also takes care of victims of Family Violence victims and provides shelter for animals belonging to the victims who wish to live with their beloved pets. In fact, Family Place is the biggest family violence service provider in Texas. Since its inception, the organization has managed to counsel over 225,000 victims of domestic violence and provided shelter to over 22000 victims. It is raising money to expand and offer their services to more victims.
About Highland Capital Management
Highland Capital Management LP was founded by James Dondero. It is estimated to own over $16 billion assets. Throughout the period of its operation, the company has stood out to be the leading and the largest global alternative credit managers. It has a broad range of clients. These customers include government agencies, financial institutions, corporations and high net worth individuals among others. The organization is also involved in charity; it has dealt and supported the various nonprofit organization through its philanthropy arm.
About James Dondero
James Dondero is a successful businessman with a vast experience in credit markets. He has been in the industry for over thirty years. He is the co-founder and the President of Highland Capital Management LP. His experience in the field has helped him to lead the company to become of the of the most successful credit management company in the world.
Dondero attended the University of Virginia where he received a BS in Commerce. He is a Certified Managerial Accountant and a Chartered Financial Analyst. Apart from being the President of Highland Capital Management LP. Dondero also serves as the Portfolio Manager of Nexpoint Credit Strategies Fund.