Highland Capital Management to Raise Capital

The Highland Capital Management, L.P. Cofounder and President, James Dondero stated that his firm was granted a $1 million challenge award to assist The Family Place, Dallas top notch organization that supports the victims who have experienced family violence, find capital of about $2.8 million for the next six months for its legacy campaign. All this was revealed during the Family Place Award Luncheon at the Hilton Anatole in Dallas, Texas.

 

 

The grant will match the 50 percent of any funds which was raised up for the capital campaign up to $1million for that moment until April 4th, 2017, the grant will be served by the Highland Dallas Foundation, Inc. the arm of the Highland Capital Management whose responsibility is to handle the philanthropic activities.

 

 

From October 4th, 2016 the Family place has managed to come up with $200, 000 for the Legacy campaign that is expected to be equal with $100,000 with the help of the Highland’s financial funds. The Family Place will be successful in its campaign in its goal in the raising $16.5 million after it raises the $2.8 million that is left to meet that target.

 

 

The Family Place Legacy Campaign seek to support the building and running of the new Central Dallas Counselling Center that is meant for family victim named in respect of Ann Moody. The building is designed by recognized architect firm known as Corgan. The Ann Moody Place has 13 emergencies shelter bedrooms, dental as well as the medical clinic, a call center, several private as well as group counseling rooms meant for children as well as adult and multi-utility spaces for job training.

 

 

James Dandero the president and co-founder of the Highland Capital Management are successful Dallas based hedge fund manager who has excelled through the management of his firm. He is rich in experience, and thus this has made Dondero as one of the most sought-after hedge fund managers. Throughout his career, he has demonstrated above board leadership skills through the works that he has done in the firms he has served.

 

 

James journey started in 1984 in the Morgan Guaranty training program where he was serving as analyst. During the course of his career, he went on to serve huge companies such as American Express in the position of the Analyst and Portfolio Manager. His success is as result of hard work and dedication.

Leave a Reply

Your email address will not be published. Required fields are marked *