Highland Capital Management’s co-founder and president, James Dondero, has chosen civic leader Linda Owen to be the firm’s charitable giving manager, giving her the responsibility of directing Highland Capital’s expanding contribution activities of over $3 million annually. James Dondero decided it was necessary to designate these responsibilities to a specific individual in order to create effective relationships and make positive changes in the community.
Highland Capital Management is an asset management firm based in Dallas, Texas, and was founded by Jim Dondero and Mark Okada in 1993. It is a leading alternative asset manager, which utilizes asset structures such as hedge funds, separate accounts, distressed and spacial situations private equity, CLOs, mutual funds, and EFTS, particularly in the healthcare industry. Dondero studied accounting and finance at the University of Virginia and is now a Certified Management Accountant and a Chartered Financial Analyst who serves on the boards of multiple organizations, including American Banknote Corporation, MGM Studios, NexBank, CCS Medical and Cornerstone Healthcare
The Dallas Foundation, which oversees Highland’s charitable giving, donates to a variety of causes and organizations, including the Perot Museum of Nature and Science, the American Heart Association, the Dallas Zoo, Uplift Education, the Center for Brain health, and more. Not only does the firm contribute to these and other organizations financially, but by contributing their time by serving as active board members.
Having been involved in a number of nonprofit organizations, Owen believes working with Highland is “an incredible opportunity to work alongside a firm with that kind of dedication.” Owen was formerly the president and CEO of Woodall Rodgers Park Foundation, and prior to that, was the president and CEO of The Real Estate Council.