According to a recent article on Reuters.com, James Dondero reported an 11 percent passive stake in the Pendrell Corporation as of the month of August. His paperwork was signed and filed with the Security Exchange Commission, says the article. Dondero also listed Highland Capital Group, L.P. and Strand Advisors, Inc. as shareholders on the document.
James D. Dondero and Mark Okada launched Highland Capital in Dallas, TX back in 1993. Dondero has been with the company for over 30 years. Highland Capital manages over $21 billion in assets every year. Not only is Dondero CEO and president of Highland Capital, but he is also currently serving as president over NXRT. Many new entrepreneurs and business professionals have James Dondero as an experienced mentor. It is his way of giving back to the community and to the business world.
James Dondero graduated with a degree in accounting from the University of Virginia. He earned his certification in account management and started his work in the financial sector. He managed a company called Protective Life before he got into funding and asset management. While as Protective Life, he was instrumental in raising revenues that were over $2 billion. Dondero accomplished this feat in about four years. He is on the boards of Cornerstone Healthcare and MGM Studies. Even though he stays quite busy, he still does things for the Dallas area and for other charities.
Instead of living in a more prominent city like New York City or Los Angeles, Dondero prefers to stay in Dallas where he founded his company. It makes it more convenient for him to manage daily operations of Highland Capital Management Group. Dondero is respected by his peers, employees, and his clients. He has been the recipient of several awards, including the Lipper Award and the Morningstar.