The president and co-founder of Highland Capital Management, L.P., James Dondero has announced that the firm has offered a $1 million matching grant to assist The Family Place to raise the remaining $2.8 million for its Legacy Campaign.
The announcement was made on 4th October during The Family Place’s 21st Annual Texas Awards Luncheon at the Hilton Anatole. The Family Place is Dallas’ leading agency supporting victims of family violence.
The grant will match half of any funds raised for the capital campaign up to $1 million from the date of announcement until April 4, 2017. The grant was provided via Highland Dallas Foundation, Inc., the philanthropic department of Highland Capital Management.
Dondero said that the grant answers a call to action by Dallas Police Chief David Brown and Mayor Mr. Rawlings for the community to help in solving the life-threatening problem in Dallas.
Since the grant was announced, The Family Place has raised an additional $200,000 toward the campaign. The amount will match with the Highland’s grant of $100,000. The challenge grant offered by Highland Capital Management ensures that The Family Place finishes the campaign of reaching $16.5 million. Learn more about James Dandero: http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/
About James Dondero
James Dondero co-founded Highland Capital Management with his partner Mark Okada in 1993. He serves as the president of the firm where he oversees Highland’s investment operations and strategies for both institutional and retail products. According to Crunchbase, James Dondero has dealt with equity and credit market for more than three decades, concentrating mainly on distressed and high-yield investing.
Since he co-founded Highland Capital Management, Dondero has been an integral part in developing Collateralized Loan Obligation (CLO) market and credit-oriented products for retail and institutional investors across the world. Highland Capital Management offers various solutions for institutions like including hedge funds, mutual funds, private equity funds, ETFs, and REITs.
James Dondero is a University of Virginia alumnus specialized in accounting and finance. He has earned the right to use the Chartered Financial Analyst (CFA) designation and is a Certified Management Accountant (CMA). Additionally, Mr. Dondero is the Chairman of the Board for CCS Medical Corporation, NexBank, and Cornerstone Healthcare.