James Dondero’s Dallas Foundation Steps Up And Helps Victims Of Family Violence

Dallas-based Highland Capital Management is one of those hedge fund companies that invests in risky assets. James Dondero, the co-founder, and CEO of Highland Capital is known for his ability to pick the right risky assets. Thanks to his acute investment sense, Highland Capital Management has more than $16 billion in assets under management. That’s an impressive number by anyone’s standards. One of Dondero’s recent risky investments was in Argentina debt bonds.

Dondero decided to invest in Argentina after consulting with his partner Mark Okada and other Highland Capital executives. Argentina bonds were an extremely risky investment in 2014 because the President of Argentina at the time had defaulted on the country’s debt bonds twice. But Dondero had a feeling that things were going to change in Argentina, and he was right. A new president was elected at the end of 2015, and Dondero’s bond investment started returning 25 percent before the election was held.

The Dallas Foundation contributes to the Dallas Zoo, the Ross Perot Museum, and the George W. Bush Library. A recent Dallas Foundation donation was given to the Family Place. The Family Place is a refuge for victims of domestic abuse. Dondero announced a $1 million challenge grant so the Family Place could reach its goal of $16.5 million during their annual fund drive. The Dallas Foundation has already donated more than $100,000 since the October 4th announcement.

The Family Place is the largest family abuse service center in Texas. More than 225,000 clients have benefited from the counseling the Family Place provides. The Dallas Foundation is one of the largest contributors to nonprofit organizations in the state. Linda Owen, one of the best-known fundraisers in the Dallas area, is the president of the foundation. Under Owen’s leadership, the Dallas Foundation has increased its nonprofit donations over the last year. Highland Capital executives also contribute their time and money to the Dallas Foundation.

One thought on “James Dondero’s Dallas Foundation Steps Up And Helps Victims Of Family Violence

  1. Highland Capital generates a considerable amount of income every year. Dondero and Okada decided to start a foundation so Highland Capital could give some of their profits to the Dallas community. It might be an essential tool to buying paper online especially when Dandero has given the go ahead.

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