James Dondero is the co founder and president of the financial services firm called Highland Capital Management. He has had a very long and successful career as a leading financial entrepreneur. Dondero built his firm from a life insurance company to a comprehensive financial services firm. Over the years, James has been quite innovative in terms of providing new products and services to clients. His firm became the first to offer collateralized loan obligations. As well as offering this product, James made his firm specialize in offering the management of securities that are backed by credit and debt. This allowed his firm to be among the most trusted when it came to helping clients use leverage to manage their investment portfolio. As well as being an entrepreneur, James had a successful career working as an employee in the financial sector. Visit his website at jamesdondero.com.
Before James Dondero became an entrepreneur, he worked as a traditional employee in the finance industry. His first job was as an analyst where he would evaluate credit backed securities. This position helped lead him to other higher level positions in the future. Within the next several years, James worked as a chief investment officer where he would oversee billions of dollars worth of funds. He would monitor the funds of large corporations such as American Express. This experience gave him the expertise necessary to start up a company that would be capable of managing assets for large scale institutional investors.
After working in the finance field as an employee, James would start up a company of his own. This company was a life insurance firm that emerged as one of the most reputable in the United States. While the company was thriving, James looked to make improvements with it. These improvements entailed offering more products and services. By the early 1990’s, James began offering financial advising and management services to both individuals and companies. As the decade moved on, James would introduce things such as hedge funds, private equity securities and collateralized loan obligations. These offerings would benefit a number of different types of clients such as high net worth individuals, pension fund investors, corporations and government agencies. Read more about James Dondero on Bloomberg.com.