James Dondero’s Partnership with Linda Owen set to expand Highland Capital management, L.P.’s Philanthropy

by WilliamV .

The president and co-founder of Highland Capital Management, L.P (HCM), Mr. James Dondero, have again shown his dedication to philanthropy by teaming up with Linda Owen, a renowned civic leader and charitable programs’ manager.

In bringing on board the former president and CEO of The Woodall Rodgers Park Foundation, Dondero is set to revamp HCM’s philanthropic activities. Linda’s partnership with The Dallas Foundation is poised to provide a strategic path that HCM’s charitable activities will follow.

Currently, HCM’s annual contributions towards charity are in the excess of $3 million. Among the firm’s fields of interest are education, health care, veterans’ causes, and empowerment of the Dallas community.

Some of the beneficiaries of HCM charity located in Dallas are The Center for Brain Health, Snowball Express, The American Heart Association, The Perot Museum of Nature and Science, Uplift Education, The George W. Bush Presidential Library and Museum, and The Dallas Zoo. Linda Owen was equally optimistic about her partnership with James Dondero. She was particularly delighted to work with a team that showed selfless commitment to community empowerment. Specifically, she lauded HCM’s top leadership and employees for not only offering financial support to different community programs but also for participating in their operations.

Linda’s accomplishments include overseeing the completion of Klyde Warren Park in Dallas in 2012 when she was president of the Woodall Rodgers Park Foundation. As president and CEO of The Real Estate Council (TREC), she managed and coordinated projects for a commercial real estate association, the Dallas-Fort Worth area and also managed its non-profit programs.

As president and co-founder of HCM, Dondero has proved to be an innovative and visionary leader. His role in signing the partnership with Linda displays his astute leadership capabilities. Alongside co-founder Mark Okada, Dondero has also overseen the introduction of innovative credit management assets such as the distressed and special situations private equity and collateralized loan obligations (CLOs).

Dondero’s commitment to community empowerment is visible in his philanthropy and participation in different associations. For instance, he is involved in the operations of Cornerstone Healthcare, CCS Medical, and Nexbank, where he serves as chairman of the board. He is also a member of the boards of American Banknote and MGM studios.