Highland Capital Management is a firm that specializes in investment management, and it is headquartered in Dallas. The company and its subsidiaries manage close to $20 billion assets. On October 23, 2015, the company publicized the hiring of Terry Jones to serve as a President of its Institutional Products. Mr. Jones will operate in Dallas, TX and will be under the supervision of James Dondero, who is the Highland Capital Management’s Co-founder and President.
Terry Jones is expected to use his extensive experience in the financial industry to spearhead business development at Highland Capital and lead the sales team in marketing the firm’s Institutional Products. He is expected to enforce Highland’s risk management program. He will use his expertise to identify, assess, and mitigate risks that are likely to affect the performance of Highland’s infrastructure.
Mr. Jones believes that Highland Capital Management has the right infrastructure and is in a position to deal with the dynamic market. Highland’s level of industrial expertise, infrastructure, and ability to invest in hedge equities, credits, and distressed investment position it to perform well in different markets. He believes that together with the Highland team, they will come with personalized client solutions. He will offer services tailored to address unique desires of customers.
Before becoming Highland’s full-time employee, Jones offered his services as Highland Funds lead director. In addition, he served as an active member of several boards such as SEI AIC III board and Genworth Life Insurance Company based in New York.
Equipped with an experience of over thirty years, James Dondero is one of the decorated and respected leaders in the sector of investment banking across the globe. Dondero and Mark Okada founded Highland Capital Management in 1993. The firm invests in mutual funds, private equity, hedge funds, and IPOs. Dondero serves as the President and Chief Executive Officer of Highland Capital Management. Previously, he was the Protective life’s Chief Investment Officer. He offers both managerial and advisory services at the Highland Capital. Watch James and his team ring the NYSE Closing Bell below!
Dondero is a graduate of the University of Virginia holding a Bachelor of Commerce after specializing in both finance and accounting. After graduating, he joined the Morgan Guaranty Program as a trainee credit analyst in 1984. The training helped him to succeed in the field of investment banking. He became a Chartered Financial Analyst after successfully passing a series of professional examination in 1987. This article was originally posted on PRNewswire; http://www.prnewswire.com/news-releases/james-dondero-appoints-new-president-of-institutional-products-for-highland-capital-management-300165627.html