James Dondero: HCM and more

James “Jim” Dondero is the co-founder and President of Highland Capital Management (HCM). Jim’s specialty is the equity and credit markets, in which he has over thirty years of experience. Jim is the Chairman of Cornerstone Healthcare, CCS Medical, and Nexbank. Jim is also a board member of American Banknote and MGM Studios.

Dondero is very active in philanthropically, supporting education, veteran’s affairs, and public policy. Before HCM Dondero was a Chief Investment Officer and helped Protective Life from inception to over two billion dollars from 1989 to 1993. He was also a Corporate Bond Analyst and then Portfolio Manager at American Express. Mr. Dondero graduated with the highest honors from the University of Virginia. He attended the School of Commerce with dual majors in accounting and finance.
Mr. Dondero has recently hired Terry Jones as the President of Institutional Products. Jones brings more than 25 years of experience in the financial services industry to the table. Mr. Jones plans to lead Highland’s discussions with strategic institutional allocators to drive solutions-oriented business development and serve as a compliment to Highland’s broader institutional sales platform.
Recently HCM, who has approximately 20 billion dollars under management, announced that Highland’s Long/Short Healthcare Fund received a HFM US Hedge Fund Performance Award in the category of “40 Act Fund-Equity.” James Dondero credited winning the award to “the deep experience and healthcare expertise of Michael Gregory and his team.” The HFM award recognizes hedge funds, fund of funds, and 40 act funds that have outperformed their peers in numerous categories.
The Long/Short Healthcare Fund is managed by Michael Gregory. Healthcare is Highland’s largest investment, and it has brought in over three billion dollars under management. When asked about the award, Gregory stated ” We remain focused on strong, repeatable, performance for our investors.” He also said that the award is “indicative of the success of our investment process and risk management infrastructure, and a credit to the hard work and intensity of the team.”

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