James Dondero Teams Up With Linda Owens to Direct Dallas Philanthropic Activities
Linda Owens is teaming up with James Dondero of Highland Capital Management, L.P. for strategically directing all of the management company’s philanthropic activities together. Highland Capital’s program for charitable giving is expanding, prompting the team-up. Linda is the former Woodall Rodgers Park Foundation president and a civic leader in Dallas. James is the president and co-founder of Highland Capital, which is also based in Dallas.
He also administers charitable funds through The Dallas Foundation. Annually, the foundation is responsible for contributions to charitable organizations that exceed $3 million. The foundation is in charge of administering Highland Capital’s fund that is dedicated to charitable giving. They mainly focus on the ongoing support of worthy causes that include, but are not limited to the American Heart Association, the Dallas Zoo, the Center for Brain Health, the Perot Museum of Nature and Science, the George W. Bush Presidential Library and Museum, Snowball Express, and Uplift Education, as well as numerous education, veterans’ and healthcare causes in the community of Dallas.
James Dondero and Mark Okada founded Highland Capital in 1993 and turned it into an investment advisory company of highly experienced credit managers of global alternative investments. They control $17 billion in assets in conjunction with their affiliates. They also specialize in a number of credit strategies, which include collateralized loan obligations (CLOs), credit hedge funds, and more. The company is also offering alternative investments, like natural resources, emerging markets, and long/short equities. With offices in Seoul, Sao Paulo, New York and Dallas, their client base includes governments, foundations, corporations, public pension plans, endowments, and financial institutions.
Dondero’s experience in the field of portfolio management extends to high-yield bonds, mortgage-backed securities, derivatives, investment grade corporations, emerging market debt, and leveraged bank loans, as well as both common and preferred stocks. In addition, he is a director of Metro-Goldwyn-Mayer, MGM Holdings Inc., TerreStar Corporation, Prospect Street High Income Portfolio Inc., and Cricket Communications, Inc. He is a Chartered Financial Analyst, a Certified Public Accountant, and a Certified Managerial Accountant.
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