Highland Capital Management is Dallas-based investment management firm which has over $20 billion in assets under management. The president of the company who is also the co-founder is James Dondero also referred as Jim. The firm has recorded significant expansion and was even forced to find a president of its institutional product division. James Dondero hired Terry Jones as the president of the division to bring in the company the vast experience he has in the financial services industry.
The roles Mr. Jones will undertake will include the company’s discussions about the strategic institutional products to drive the business development solutions for the division. Mr. Jones will also carry out the vital task of aligning portfolio risk management across the board in the division. One of the alignment tasks he has to undertake will include optimizing the risk management infrastructure, identification, assessment, and mitigation.
James Dondero expressed his optimism that Terry’s leadership will put the organization in a better position to compete in the fast-changing marketing. His management will enhance the risk-adjusted performance and expedite solutions in a complex market. Apart from making gains in the business segment and tremendous competitive advantage globally, Highlands is also increasing its charity giving to give back to the society.
Recently, Jim representing Highlands teamed up with Linda Owen, the civic leader of Dallas to provide a viable strategic direction for Highlands philanthropic activities as the firm continues to increase funding. The goal of the partnership is to ensure that Highland’s charitable activities generate the greatest impact in the communities the funds are directed to. Linda is indeed a great partner to work with Dondero with her proven track record in private-public partnership deals.
Currently, HCM is donating more than $3 million to charity organizations for implementation. The donations are channeled through The Dallas Foundation to support veterans’ education, healthcare, and other community-based functions in Dallas. Some of the public institutions that have benefited from the program include the Center for Brain Health, the Dallas Zoo, and Snowball Express among others.