James Dondero has made a good name as a philanthropist and participant of community development. For several decades he has supported charity causes such as constructing educational facilities and public amenities in Dallas. Lately, he has re-established a zoo for the hippos. People are excited to go and watch the hippos in their new state-of-the-art facility.
Millions of people go to the zoo every year. However, this year it will be different. The hippo habitat is indeed a fascinating exhibition. This project has taken about fifteen years to materialize. People from Dallas had to travel to Africa and watch hippos. After the project was completed, Dallas people do not have to fly out anymore to see hippos.
Highlands Capital Management donated one million dollars to this project. After a famous hippo had died in a certain outpost, reconstruction plans began. The donation fund was able to construct 5000 square feet lode for hippos. Their habitat is characterized by an open area with a perfect view to the hippos. The total amount of rehabilitating the zoo was about fourteen million dollars.
Besides James Dondero, other philanthropists such as Harold Simmons, Eugene McDermott, Hal and Diane Brierly also participated. The outcome of the zoo has exceeded the expectations of many. The overseer of this zoo agrees that it was more than they hoped to achieve. The community is grateful for this benevolent act of all the well-wishers who participated.
For more than thirty years, James Dondero has been working in equity and credit markets. His specialization has been in distressing and high-yield investments. He has co-founded Highlands Capital Management and he is also its president. The firm was established in 1993 and it has been leading in collateralization loan obligation development. It also develops solutions oriented in credit for institutions and retail investors in the world.
Apart from Highlands Capital Management, Mr. Dondero also chairs Cornerstone Healthcare, Nexbank and CCS Medical. He is a member of the board in American Banknote. Before Mr. Dondero began Highlands Capital, he worked for Protective Life as a chief investment officer. Specifically, he served the GIC subsidiary but working with it since its inception. In 1989 and 1993, GIC has attained worth of about $2B.