At the 21st Annual, Texas Trailblazer Awards Luncheon held on October 4th, 2016, James Dondero, the co-founder, and president of Highland Capital Management, L.P., announced a $1million grant challenge towards the construction of a rescue center, spearheaded by The Family Place, Dallas.
Since 1978, the Family Place has worked towards the empowerment of victims of family violence. Headquartered in Dallas, Texas, the agency has been home to thousands of family violence victims and an audibly loud participant in the fight against the vice, offering shelter and counseling to victims.
The grant announced by Mr. James Dondero came as a reliving boost to the campaign aimed at raising $16.5 million towards the construction of Ann Moody Place, a rescue center within the Family Place that will serve more than 2,000 victims annually. Shortly after Mr. Dondero’s announcement, collections raised tremendously raising over $200, 000 in less than a week. He promised to match at 50% any and all funds raised for the campaign up to $1 million. Eventually, the campaign surpassed the target to raise $16.898 million.
Mr. Dondero, a resident of Dallas, TX is a successful figure in investment management with a career spanning over three decades. At the Highland Capital Management, which he cofounded with his long-term business partner Mark Okada, Mr. Dondero is in charge of investment strategies and operations. The company has under its watch over $10 billion of assets and draws its clients from a variety of fields including pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments and high-net-worth individuals.
A graduate of the University of Virginia School Of Commerce, with degrees in accounting and finance, Mr.Dondero kicked it off in the financial field as an analyst in the Morgan Guaranty Training Program. Later on, Dondero oversaw the growth of Protective Life’s GIC subsidiary from a mere startup to an asset base of $2 billion in a period of five years. He previously worked for American Express, managing an estimated $1 billion in fixed income funds. He sits as a Board Member in 11 different organizations across 25 different industries.