On 7th October 2016, during 21st Annual Texas Trailblazer Awards of the Family Place Luncheon which was held at Hilton Anatole in Dallas, Texas, Mr. James Dondero announced a $1 million award as a challenge grant to help the Family place raise $2.8 million for its six months Legacy Campaign . The Family Place is one of the most prominent organization in Della that supports the family violence victims.
The Family Place campaign will help to establish a new Central Dallas Counselling for the violence victim families in honor of Ann Moody. The designed Ann Moody Place comprise of 13 emergency shelter bedrooms, centralized call center, clinics and counseling rooms for all children and adults. More than 2000 victims will be served by the buildings. The announced grant was to be administered through Highland Dallas Foundation, Inc.
According to Mr. Dondero, the grant was a reaction to the action call by the Dallas Police Chief David Brown and Dallas Mayor Mike Rawlings for the community to assist in solving post-violence life threatening issues in Dallas. The Family Place action impressed the Highland Capital Management
Highland Capital founded in 1993 by James Dondero, and Mark Okada is the most experienced and one of the largest alternative investment managers. Highland Capital tops in the development of Collateralized Loan Obligations (CLO) and the credit-oriented solutions for retail and institutional investors worldwide.
James Dondero was awarded the highest honors in Accounting and Finance on his graduation at the University of Virginia. He was offered was offered certification as a Certified Management Accountant (CMA), Chartered Financial Analyst (CFA) and Certified Public Accountant (CPA). Dondero began his career at the Morgan Guaranty training program in 1984.Since then he has worked in many management positions among them as the Chairman of Cornerstone, Healthcare, NextBank and CCs Medical.
Mr. Dondero has worked in the credit and equity markets for over 30 years focusing largely on distressed and high-yield investment. He currently is the Co-founder and President of the Dallas-based investment adviser by the name Highland Capital Management currently residing in Dallas. Before joining the Highland Capital Management, Mr. James Dondero helped in the creation of GIC subsidiary of Protective Life, as a Chief Investment Officer from inauguration to over $2 Billion within four years that is from 1989 to 1993. Within 1885 and 1989, Mr. Dondero became the Corporate Bond Analyst and late the Portfolio Manager at the American Express.