James Dondero was a pioneer in investing in collateralized loan obligations (CLOs). Today, the company he co-founded, Highland Capital Management, has more than $15 billion in assets under management in no small part due to the money they made from CLOs starting in the early 1990’s. He has made a number of other bold investments during his professional career including American Airlines and the sovereign debt of Brazil.One of Highland Capital Management’s most popular funds, stock ticker HCOAX, was created by James Dondero and is one that he still actively manages. This fund has some of his best ideas in it. Most world allocation funds hold the about 400 securities but HCOAX holds less than 200. The assets in this fund are sorted into themes based on what sector of the economy they are focused on. Some of the areas that he has recently invested in through this fund are master limited partnerships and Vistra Energy.
As he concentrates on specific sectors and even companies, HCOAX can experience big performance swings. This is intentional, Dondero says, because he doesn’t want to offer a muted fund just like most of the other ones that are out there. He prefers to do deep research and then swing for the fences with this fund.James Dondero serves as the President of Highland Capital Management, which is based in Dallas, Texas. He has been an alternative investor for over 30 years. He is also involved with other financial companies including serving as the Chairman for Nexbank, Cornerstone Healthcare, and CCS Medical. He also holds two financial certifications, Certified Management Accountant and Chartered Financial Analyst.
As an active philanthropist, James Dondero has supported a number of Dallas charities. The main areas he supports are education, public policy, and veteran’s affairs. He has also supported The Family Place, a Dallas nonprofit that provides a safe place and resources for people that are escaping from family violence. Unlike many similar places, The Family Place can accommodate pets as one of the main reasons some people stay in an abusive relationship is because they don’t want to leave their pets behind. Learn More.
Fortune magazine wrote an article on how then Chief Executive Officer of CCMP Capital Stephen Murray has stepped down after nearly two decades of service for health related reasons. Unfortunately, he died shortly after at the age of 52. Many people say he leaves behind a long lasting legacy.
He started as a philanthropist and investment investor for an equity firm. Stephen Murray CCMP Capital focuses clearly on buyout and professional growth equity transactions. A degree in economics from Boston College and a master’s degree in business administration from Columbia Business School has pioneered his success in the private equity industry.
He was able to grow with a corporation despite the major ownership changes that led to him becoming a private investor. As head of the buyout business for J.P. Morgan partners he was able to contribute to the introduction of several multi-billion dollar funds that earned over $3.6 billion in funds before they closed.
He continued to led the firm after their 2006 spin out and stood out in the department of corporate growth and funding. He is widely regarded in the professional community for his ability to build professional relationships. He has always been driven towards being professionally successful. Learn more about Stephen Murray CCMP Capital: https://www.crunchbase.com/person/stephen-p-murray#/entity
He also has served on the board of many corporations including Amtrak, Warner Chilcott, The Vitamin Shoppe and more. He has proudly served on one or more boards for the tenure of his career. He has contributed a lot to CCMP says his predecessors and colleagues.
He is responsible for bringing together the two giants Chemical Bank and MH Capital partners. He led the way as one of the businesses deal makers raising billions of dollars in the process. He contributes many facets to his success, but building trust and equality customer service is his top aides Stephen Murray’s proficiency.
Bill Murray has proudly served the community in charitable donations. He believes serving the community helps to encourage young business professionals responsible for shaping tomorrows businesses and corporations. He believes today’s professionals must continue to support their efforts.
Stephen Murray has contributed financial resources to Boston College. He has a professional profile that will be hard for anyone to match in the private equity industry. He will be greatly missed and his contributions to many foundations, organizations, and boards will never be forgotten. People say he was a warm individual that would give you the shirt of his back.