The co-founder and President of Highland Capital Management L.P., James Dondero, announced today that his company would match up to $1 million in donations for The Family Place. The Family place is a Dallas nonprofit dedicated to helping the victims of family violence in the Dallas area.
The announcement was made at the nonprofits 21st Annual Texas Trailblazers Award Luncheon. This challenge grant, specifically earmarked for the nonprofits Legacy Campaign, will match 50% of donations, up to $1 million, that are raised.
In a statement James Dondero said that he and the members of his firm were impressed by the way The Family Place followed through on the planning and dedication to make the Legacy Campaign a success. He went on to say that it’s an opportunity for givers to the campaign to amplify their impact.
The Legacy Campaign will go towards building and operating a new counseling center in Dallas. It will include 13 emergency shelter rooms, counseling rooms, space for job training, a medical and dental center, and an animal shelter for the pets of victims staying at the center.
Highland Capital Management, L.P. is an investment adviser company with about $18 billion in assets under management. Their clients include government, corporations, high net worth individuals, and endowments. The company gives back to the community through its charitable arm, Highland Dallas Foundation Inc. It is based in Dallas, Texas and has worldwide offices in New York, Singapore, Seoul, and Sao Paolo.
James Dondero has a degree in Accounting and Finance from the University of Virginia. He has also attained the qualifications of a Certified Management Accountant and has earned the designation of being a Charter Financial Analyst.
In addition to his work at Highland Capital Management he also serves as Chairman of the Board for Nexbank, CCS Medical Corporation, and Cornerstone Healthcare as well as serving on the Board of Directors for MGM Studios and American Banknote.
According to The Dallas Journals, James Dondero founded Highland Capital Managment in 1993. He has grown the company into one recognized as one of the most experienced financial asset management firms in the world, and in particular in global alternative credit managers.