Highland Capital Management has been supporting nonprofit organizations in the Dallas area for more than 15 years. The investment firm founded by Jim Dondero and Mark Okada manage one of the most successful hedge funds in the industry. With more than $16 billion in assets under management around the globe, CEO Jim Dondero knows that producing better-than-average returns is a must in the hedge fund market today.
The hedge fund industry has its fair share of return issues in 2016, but Highland Capital has been able to rise above the rest of the industry thanks to Dondero’s experience in the collateralized loan obligation segment of the business as well as his astuteness in the emerging market investing. Highland Capital is on track to produce double-digit returns in 2016, and Dondero has made sure that the giving arm of Highland Capital, the Dallas Foundation, is donating more money to nonprofit organizations than ever before. One of Dondero’s latest donation strategy is $ 1 million grant to the Family Place. The Family Place is a haven for victims of domestic violence.
The Family Place has a Legacy Campaign every year, and this year The Dallas Foundation will match every donation given to the campaign in order to meet the $16.5 million goal. The Dallas foundation also supports the Dallas Zoo, the American Heart Association, Uplift Education, and the Perot Museum as well as several other nonprofits. Dondero recently announced that Linda Owen, a seasoned veteran in the nonprofit industry, is the new director of the Dallas Foundation. Owen was CEO of the Woodall Rodgers Park Foundation and the director of the Klyde Warren Park.
James Dondero is serious when it comes to supporting Dallas nonprofits, and producing returns for his investors. The Family Place has been helping victims of domestic violence since 1978. The grant ensures more women and children have a place to stay when they need it most. Dondero, and the executive team at Highland Capital, personally donate time and money to the causes the Dallas Foundation supports. Jim Dondero leads by example, and that will never change according to a recent PRNewswire article.