James Dondero has worked for more than 30 years in the financial industry. Before Jim Dondero had founded Highland Capital Management, he worked for others and gained experience in a variety of positions. Jim started out at the University of Virginia in the McIntire School of Commerce. He got a dual degree in finance and accounting while he was there and he graduated with high honors.
When James Dondero finished school, he started at the Morgan Guaranty training program and worked as an analyst there for a year. He then moved on to American Express and he worked there for several years as a corporate bond analyst and portfolio manager. At American Express he managed a portfolio that was valued at 1 billion dollars. Dondero then moved up positions and changed firms. He decided to be the Chief Investment Officer at a Protective Life GIC subsidiary. He spent 4 years at this company helping it to go from nothing to 2 billion dollars.
After his time as Chief Investment Officer, Jim decided it was time to go out on his own. He founded Highland Capital Management and has been growing it ever since. He now has certification as a Chartered Financial Analyst, a Certified Management Accountant and a Certified Public Accountant. He is also active in the local community. Jim Dondero sits on the board of organizations like American Banknote, MGM Studios, NexBank, CCS Medical and Cornerstone Healthcare.
The recent activities of Highland Capital Management were analyzed in an article by Octa Finance. The online newspaper did an overview of the firms recently filed 13F for the third quarter of 2015. The filing showed that the equity of exposure of the firm had decreased from the second quarter to the third quarter by 1.49 billion dollars. The portfolio’s value, as of the third quarter, was valued at 3.42 billion dollars. The article also showed that the firm was getting rid of some shares completely and taking up new stocks. During the third quarter, the fund made purchases in 69 new stocks. The firm also made purchases in 62 stocks that it already had a position in. The fund sold out of 119 stocks and reduced their standing in 80 stocks. The firm also changed the sectors that it’s in.
For those who would like to read the entire article, please go here: http://www.octafinance.com/highland-capital-management-top-10-holdings-in-q3-2015/352793/