Highland Capital Management is expanding. James Dondero, the co-founder and president of the firm has joined forced with Linda Owen. Owen is a civic leader in Dallas and was formerly the president of the Woodall Rodgers Park Foundations. She is working with Dondero to provide some strategic direction to Highland Capital management L.P. as it expands its charitable programs, and works on new philanthropic activities. Highland capital Management LLC is a brand-asset management firm based in Dallas.
Dondero has over 30 years of experience in equity and credit markets. Since Highland Capital management’s launch in 1993, the company has been a leader in developing credit-oriented solutions for retail and institutional investors and has been a huge player in the Collateralized Loan Obligation (CLO) market.
“As we’ve expanded our philanthropic activities, we recognized the need for a dedicated professional to ensure our contributions make the greatest impact,” said Dondero. “Linda has a proven track record of building effective public-private partnerships in Dallas and shares our vision for making an immediate and tangible difference in our community.”
When she joins the company, Owen will be serving as its charitable giving manager, a position that will work along with The Dallas Foundation, the group that is responsible for administering High Capital Management’s charitable giving fund. She started her career as a real-estate associate and has a BA in economics from the University of Texas art Austin as well as a JD fro the University of Texas School of Law. Before coming to Highland Capital Management, she was involved in several local philanthropic organizations, including The Family Place, Crystal Charity Ball, and Circuit Trail Conservancy.
Handling Highland’s charitable contributions is no easy task. The company current contributes close to $3 million each year to The Dallas Foundaton, which then disperses the funds to charitable organizations that need it. Some of the recipients of the funds include the George W. Bush Presidential Library and Museum, the Dallas Zoo, the Center for Brain health, the American Heart Association, and the Perot Museum of Nature and Science.
James Dondero is very active in the philanthropic community of his own and makes regular contributions to initiatives in public policy as well as veteran’s affairs and educational pursuits. He graduated with honors from the University of Virginia and is also a Certified Management Accountant (CMA).