A Brief History of the Career of James Dondero

If you are looking for information about James Dondero, the co-founder and president of Highland Capital Management, you’ve come to the right place. The 54-year-old native of Hoboken, NJ, quickly rose through the ranks in his storied career. As evidenced by the article that is linked to on this page, he continues to enjoy a lot of attention and respect from the industry at large. Any time his firm, Highland Capital Management, makes a major move, it is covered extensively by industry press. This is clear evidence of James Dondero’s continued influence, even after more than three decades of experience in the credit and equity markets.Before looking closer at James Dondero’s background, let’s take a look at where he is today. First and foremost, he is the president and co-founder of Highland Capital Management, which is based in Dallas, Texas. He is also on the Boards of Directors of MGM Studios and American Banknote, and he is Chairman of the Board of Cornerstone Healthcare, CCS Medical Corporation and NexBank. He actively facilitates charitable measures through Highland Capital, including supporting emerging non-profits through a $300-million, donor-endorsed fund that directs approximately $3.5 million per year of funding at targeted firms. He also supports Reasoning Mind, a tech-based math curriculum for pre-kindergarten through grade seven that is relied on by low-income schools in remote areas.

Early in his life, James Dondero planned to work in real estate investing for a living. This is what he wanted to do when he was accepted into the University of Virginia’s prestigious McIntire School of Commerce. After four years, he came away with a bachelor of science degree with a dual major in accounting and finance. He also earned high honors, which is no easy feat. He moved from school directly into a position as an analyst at the Morgan Guaranty Training Program, which afforded him many crucial connections.Thanks to his experiences in school and immediately after, James Dondero took a position as a corporate bond analyst for American Express in 1985. During his time at American Express, he managed around $1 billion in fixed income funds for the company. He remained there until 1989, which is when he and his business partner, Mark Okada, started working on an idea of their own. They entered into a joint venture with the Protective Life Insurance Corporation in 1990 that resulted in the creation of PAMCO, or Protective Asset Management Company. He served as Chief Investment Officer and grew the firm from a startup to a $2-billion business.

Protective Life continued to own a majority share of the firm until 1997, when James Dondero and his partner bought out their stake to assume full control. The very next year, they renamed the venture Highland Capital Management, and that has been the name ever since. Initially, Highland Capital was located in Los Angeles. For a number of reasons, however, they relocated the company to Dallas fairly early on. It has remained there since, and the firm has opened several offices around the globe as well.As for why James Dondero continues to be in the industry news so often, it largely has to do with the fact that he is such an esteemed figure in the industry. After all, he was a pioneer in the early days of Collateralized Loan Obligation markets, or CLO markets. The latest news regarding Dondero is linked to in the article on this page.

It involves a cooperation agreement between Highland Capital Management and RAIT Financial Trust, which is a real estate investment trust, or REIT, that specializes in providing direct lending to owners of commercial real estate.The two firms entered into a cooperation agreement after Highland Capital disclosed to the SEC that its holdings were approaching 5.3 million shares, which meant that Highland Capital owned 5.9 percent of RAIT’s outstanding common shares. As such, James Dondero and the top executive team wanted representation on RAIT’s Board of Trustees. The agreement that was reached dictates that RAIT will appoint a trustee who has been recommended by Highland Capital after certifying the vote from its 2017 Annual Meeting of Shareholders. Another recommended trustee will be appointed within 120 days of the date on which the agreement was reached.

 

Jeffry Schneider is a Man with a Passion for His Business and the World

Jeffry Schneider is a man of passion and integrity both personally and professionally. Comments of clients and colleagues describe Jeffry Scheider as a “creative” man who is “honest”, “enthusiastic”, “dedicated” and “generous”.

Jeffry Schneider was raised in Manhattan in New York City. After graduating from the University of Massachusetts with a Bachelor’s of Science degree, Jeffry returned to New York and began working in the financial services field in New York City. Among the financial companies he previously worked for are Merrill Lynch, Alex Brown and Smith Barney.

After learning the ropes of the financial services field, Jeffry Schneider founded his own company Ascendant Capital LLC, based in Austin, Texas. Ascendant Capital LLC raises money for alternative asset fund sponsors and has grown from two to over thirty employees in the past five years alone. The company uses a creative and varied range of financial structuring through education, sales, marketing and operational services. As the founder of this company, Jeffry has helped Ascendant Capital LLC raise almost one billion dollars. The current goal of the company is to raise fifty million dollars monthly.

Many attribute the growth of Ascendant Capital LLC to Jeffry because as the principal executive he has used his ability to be able to analyze managers and place them where their skills can most benefit the company. He has also managed to create a family-like atmosphere within the company so employees feel more supported within their work environment.

Jeffry Schneider is not only enthusiastic about his company but also about helping the less fortunate. He is a supporter of many non-profit programs not only in the Austin area but also worldwide. Some of these programs are Wonders and Worries, God’s Love We Deliver, Camp Honey Creek’s Summer Dream Program, The Cherokee Home for Children, and The Gazelle Program.

But his passions include more than his business and his generosity in the non-profit sector. Schneider is also passionate about health and travel. He has combined these two successfully by training for and competing in a series of Ironman and Half Ironman marathons all around the world. These grueling competitions combine swimming, biking and running. Schneider has competed in these events around the world and continues to train and eat a healthy diet as well as he runs his company: with determination and enthusiasm.

Jeffry Schneider lives in Austin, Texas with his wife and three children.

 

Help with Investments from Martin Lustgarten

It is no surprise to most people that investing can be one of the most difficult things that you do on your own. If you have ever invested in the past and have lost money in the process, you might be hesitant to invest again and this can deter you from making a lot of money that could potentially help financially. This is why individuals along with so many other people have begun to use a professional known as Martin Lustgarten. Martin Lustgarten is one of the top investment experts and individuals in the country and lots of people are making use of his services because of how successful he has been.

The moment you make the decision to work with Martin Lustgarten to see what he can do for you, you are doing something that is going to benefit your finances greatly over the course of time. Because of the fact that people have been using Martin Lustgarten as well as his professional investment team for so long, they have been able to grow their funds with ease and it is allowing them to stay on budget and finally put some money away into their savings account that they have not been able to do for most of their life.

A lot of people have the misconception that you need to be rich or have a large income in order to invest money. This is simply not true and even those who have a very small income can benefit greatly from investing their money. What investing means is putting your money aside into some type of account or stock in order to grow it over the course of time. This enables you to gain money from what you already have and it can be a lot more beneficial than you might have thought in the past. This is why it is so important for you to consider contacting Martin Lustgarten so that you can work with a professional who has the experience and education in this field that simply no one else has so that you know you are getting the best service possible.