The grant provided via Highland Dallas Foundation, Inc., the helping arm of Highland Capital Management, will coordinate 50 percent of any cash raised for the capital effort up to $1 million from now until April 4, 2017.
Since the October 4 declaration, The Family Place has officially raised an extra $200,000 toward the Legacy Campaign, which will be coordinated with $100,000 on account of Highland’s grant. With $2.8 million expected to achieve the crusade raising support objective of $16.5 million, Highland’s test grant guarantees The Family Place completes the campaign successfully.
According to James Dondero, teher is claim that the grant answers a suggestion to take action by Dallas Police Chief David Brown and Dallas Mayor Mike Rawlings for the society to help tackle this life-undermining issue in Dallas.
James Dondero, president and co-founder of Highland Capital Management, L.P., reported for the current week that the firm had granted a $1 million test grant to help The Family Place, which is the Dalla’ driving association that supports affected family violence victims raise the last $2.8 million for its Legacy Campaign in the coming six months. The declaration was made amid The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon at the Hilton Anatole in Dallas, Texas.
Dondero has more than 30 years of involvement in equity and credit markets, as he concentrated to a great extent on high return and distressed investing. Since commencement in 1993, Highland Capital has been a pioneer in the market improvement of the Collateralized Loan Obligation (CLO) and in establishing credit related solutions for retail and institutional investors around the world.
The offerings of the award winning product entail institutional separate records, CLOs, private equity funds, hedge funds, shared assets, REITs, and ETFs.
James Dondero is a graduate from the Virginia University where he got highest honors in (Beta Alpha Psi, Beta Gamma Sigma) from the McIntire School of Commerce with double majors in Finance and Accounting and has gotten confirmation as Certified Management Accountant (CMA), Certified Public Accountant (CPA), and Chartered Financial Analyst (CFA).
According to PR News Wire, James Dondero is the Chairman of Cornerstone Healthcare, NexBank, and CCS Medical; and furthermore serves as a board member in MGM Studios and American Banknote.