The co-founder and President of Highland Capital Management, L.P., James Dondero, announced a $1 million challenge grant in support of the completion of The Family Place’s new facility. The Family Place is a Dallas, Texas nonprofit that offers a place to stay and services for the victims of family violence. The challenge grant will match 50% of donations up to a total of $1 million which will go a long ways towards the nonprofit’s goal of raising $2.8 million in the next six months. James Dondero made his announcement at the 21st Annual Texas Trailblazer Awards Luncheon which is hosted by The Family Place.
The Family Place is nearing completion of the Central Dallas Counseling Center which will include emergency shelter bedrooms, counseling rooms, a space for job-training, as well as a dental and medical clinic. They expect to serve over 2,000 victims of family violence every year. The building, which will be called the Ann Moody Place, will also serve as the headquarters of the Be Project. This project teaches students about bullying and teen dating violence in order to prevent these types of occurrences from happening as well as how to report it when they do.
James Dondero co-founded Highland Capital Management in 1993 along with his business partner Mark Okada. Highland Capital Management is an alternative investment firm that serves institutional investors, endowments, public pension plans, high net worth individuals, and other large investors. James Dondero has developed deep experience in alternative investments such as collateralized loan obligations, credit hedge funds, real estate, and private equity.
James Dondero is a graduate of the University of Virginia – McIntire School of Commerce. He earned two degrees while attending college in both accounting and finance. He started his professional career at Morgan Guaranty as a financial analyst in 1984. He advanced his career by joining American Express in 1985 as a Corporate Bond Analyst. Prior to co-founding Highland Capital Management, James Dondero worked at Protective Life Insurance Company as their Chief Investment Officer.