Category Archives: Business

HIghland Capital is Lead to Success by Jim Dondero

It is announced that Highland Capital Management, L.P. stands out among the rest by winning the2015 HFM U.S. Hedge Fund Performance Award. Specifically, Highland’s Long/Short Healthcare Fund (HHCAX) received the award in the “40 Act fund – Equity” category. This award is giving out annually to those organizations that have surpassed their peers throughout that year. It was announced at the US Hedge Fund Performance Awards ceremony on October 22nd in New York that Highland achieved this stellar recognition.

Highland Capital is an investment management firm that is based out of Dallas, Texas. Highland has offices worldwide in New York, Seoul, and Singapore. Its associates have over $20 billion in assets under Highland’s management. This management firm was founded in 1993 by Jim Dondero and Mark Okada. Their firm specializes in credit strategies and management such as hedge funds, collateralized loan obligations (CLOs), separate accounts and long-only funds. Their client base consists of a variety of investors, ranging from corporations to foundations to government entities as well as high net-worth individuals. They recently hired Terry Jones as their new President of Institutional Products.

The success of Highland Capital Management, L.P. could not have been achieved without the right leadership. Jim Dondero brings over thirty years of experience to the firm and is an irreplaceable asset to the firms’ success. Jim used innovation to assist in accomplishments, such developing the Collateralized Loan Obligation (CLO) market. As a graduate with highest honors from the University of Virginia, Jim double majored in Accounting and Finance. He serves on multiple boards such as the position of Chairman of Cornerstone Healthcare, CCS Medical, MGM Studios, American Banknote and Nexbank.

Jim not only focuses his success in the professional arena but also in his philanthropic work. He supports community initiatives to enhance education as well as veteran’s affairs. Jim wants to share his passion for success in other fields that will help influence public policy for the public good. During the course of his professional career and his education, he has also become a Certified Management Accountant (CMA) as well as securing the right to use the CFA designation, Chartered Financial Analyst.

Here is a Link to the PRNewswire Article…

Majeed Ekbal Is Against The Recent Chicagoan Property Tax Hike

Property taxes are expected to increase in the city of Chicago thanks to Mayor Rahm Emanuel. Not that he is trying to do anything wrong, but an area in North Chicago is going to be affected the more than any others due to property tax, some estimate that it is supposed to rise in excess of forty-eight percent. No other region’s property tax in Cook County rose more than this area did, which was sent ahead in late this October by the City Council of Chicago. Roughly everyone in between CTA’s Clybourn Red Line and North stop and the Chicago Avenue Brown Line stop will be affected by this property tax hike.

The increase in the price of real estate in this area has caused the property tax to go up as well. If an area is pricey to live in, residents will largely be willing to pay the property tax. It is not like they could do anything but move out of the neighborhood, anyways.

Mr. Majeed Ekbal is the president of Expresso on North Lakeview Avenue. Expresso is not a coffee — it is a company designed to buy and gather groceries from a list of different stores for people who need to buy groceries but are not easily able to leave their home and buy them or they might not have the time. Majeed Ekbal has been known to even purchase goods from out of state to fulfill the customer’s needs.

Majeed Ekbal is also involved with real estate and the property tax hike in some areas of Chicago. Mr. Majeed Ekbal recently graduated from the American University, located in the heartland of the United States of America in the District of Columbia. Ekbal’s company, Expresso, is expected to grow into the largest company of its type in the greater Chicago area in the next few years.