According to The Dallas Journal, Highland Capital Management’s president and cofounder James Dondero was recently appointed to the Board of the Southern Methodist University’s Cox School of Business.
This is not a surprising appointment since SMU and Highland Capital management have a long-standing relationship. The appointment will go a long way in expanding the relationship. For several years, Dondero has been sponsoring the Highland Capital Management Tower Scholars, which is a program that supports professional and academic excellence at SMU.
James Dondero points out that Cox Business School is a significant player within the business community in Dallas. Highland Capital is one of the biggest beneficiaries of the institution. The entrepreneur states that it’s a great honor to play a role in the growth and excellence of academic and professional initiatives that are ongoing at Cox Business School.
The Executive Board is made up of 100 members, a majority of whom do not belong to the academic world. These individuals are tasked with the responsibility of offering advice on growth strategy at the institution. The board meets thrice every year.
About James Dondero
The entrepreneur is one of the most prolific and insightful American business executives. His career in the money markets spans nearly thirty years. During this time, he has distinguished himself as a forward-looking, instinctive, and down to earth executive.
James Dondero studied at The University of Virginia’s McIntire Business School, where he graduated with a degree in finance and accounting. He started his finance career at American Express before joining Protective Life. He played a crucial role in establishing Protective Life as a force to reckon with in the money markets.
James co-founded Highland Capital Management with Mark Okada. This is after he noticed that most hedge fund firms were offering inflexible products and services, which could not meet the ever-changing needs of the market.
As HCM’s president, he has been instrumental in the formulation of strategies that have driven the company forward. The company manages assets valued at more than 15 billion dollars.
Dondero has been credited with the introduction of products such as Collateralized Loan Obligation transactions. Jim is also a passionate humanitarian, and serves on the boards of numerous organizations.