The Career Achievements Of James Dondero

UPDATE: September 14, 2016

The Dallas Foundation recently partnered with James Dondero and Highland Capital Management to manage their over 3 million dollars annual philanthropic budget. The Dallas Foundation has a long history of charitable success in the nonprofit community. Mary Jalonick, CEO of The Dallas Foundation and James Dondero began to lay out plans for charitable giving that would be bold, effective and inspirational. Before long the Highland Dallas Foundation was formed as a support organization for The Dallas Foundation.

Read the original article here.

UPDATE: August 25, 2016

James Dondero has recently teamed up with Linda Owen to supply philanthropic needs to the general Dallas Area.Highland contributes more than $3 million annually to charitable organizations through The Dallas Foundation. For more on this click the link below.

The success of any corporation is dependent on the stewardship abilities of the top management team. James Dondero is a successful businessman who is revered for registering impressive results in all the companies that have enlisted his services. James is regarded as the co-founder of the world-renowned firm, Highland Capital Management. He is the current president of the organization.

The Dallas based entrepreneur has amassed over 30 years experience in the equity and credit markets. He has zeroed in on distressed and high-yielding investments. Besides Highland Capital Management, James Dondero has played a pivotal role in founding NexPoint Advisors. At the firm, Dondero is the president. NexBank has also recognized his abilities and for this reason, James has been made the chairman of the institution. It should be noted that Dondero is the majority shareholder of NexBank. NexPoint Real Estate Advisors is the adviser of the companies affiliated with it. These affiliated companies are Highland Capital Management, NexBank and NexPoint Advisors.

In 1993, together with Mark Okada, James founded Highland Capital Management. As of March 31, 2015, Highland Capital Management had an asset base of $21 billion. Dondero’s portfolio management expertise incorporates investment grade corporate, emerging markets, derivative markets, mortgage-backed securities as well as common stocks and preferred stocks. Funds affiliated to James have received recognition from reputable quotas such as the Morning star and Lipper award.

Some of the award-winning products offering made by James are collateralized loan obligations, mutual funds, real estate investment trusts (REITs) as well as electronic transfer funds (ETFs), institutional separate accounts, private equity funds and hedge funds. James’s career started at the humble Morgan Guaranty training program where he worked as an analyst in mid 1984. A year later, American Express recruited him. At the firm, Dondero undertook his mandate as a corporate bond analyst. At the American Express Corporation, James rendered his services for around five years. At the corporation, Dondero managed a portfolio (fixed income funds) worth around $1 billion.

From American Express, Dondero went to Protective Life, a subsidiary of GIC. While serving as the chief investment officer of the firm, Dondero started the firm from its humble beginnings to a corporation worth over $2 billion in a period of 5 years. The certified management accountant has displayed impeccable prudence in the management of huge funds. James is a proud alumnus of the University of Virginia, McIntire School of Commerce. Records show that he graduated with the highest honors in Accounting and Finance.

Recently, Dondero appointed Terry Jones to become the president in charge of institutional products at Highland Capital Management. Jones has massive experience in financial matters that spans 25 years. James asserted that Terry’s leadership would augment the corporation’s risk adjusted performance besides devising client-oriented solutions. James is the chairman of the board of three corporations, which are CCS Medical, NexBank and Cornerstone healthcare.

James Dondero’s Passive Stake in Pendrell

James Dondero has released a report that detailed an 11 pct passive stake in Pendrell. Given Dondero’s skills in the finance industry, it is safe to say that this deal will likely turn out for the best for him and his company, Highland Capital. One thing that could be said for Dondero is that his experience in the market makes it so that he knows the signs to look for. He then makes investment based on a lot of information. When it comes to Pendrell, he has made a wise choice going forward with the investment.

James Dondero is a successful investor who runs Highland Capital Management, a hedge fund that specializes in high-yield and distressed investing. His company has been in business for more than 20 years. Through his company, he has offered plenty of products such as Collateralized Loan Obligation. He has been responsible for the development of the CLO market. He also handles mutual funds, private equity funds, ETFs and plenty of other financial products. Dondero is one of the pioneers and innovators in the financial investment industry. He has utilized his skills and passion that he has gained from his education in order to bring his company to a very successful position.

To go along with the work that he does for Highland Capital, he also serves on plenty of different companies in different industries. For instance, he serves as a board member for MGM Studios, an entertainment company. He is also serving on the board and CEO of plenty of companies in the healthcare industry. James is also an active philanthropist. He provides support in plenty of different initiatives that are related to education, public policies and veteran’s affairs. James Dondero goes beyond just being a successful businessman, he is also one of the more generous givers in this age.

Original Article

Texas Mortgage Bankers Association Acquire Top Talent

Recently NexBank SSB, a $3 billion regional bank based out of Dallas Texas has announced that Mary Pirrello was appointed President of the Texas Mortage Bankers Association.

On May 3, 2016, Mary started her one-year term as President. With over 20 years of experience and multiple leadership roles, she has had a very good career. While at NexBank, she mainly focused on business development and managed relationships for the national warehouse lending division. Since 2007, Mary has been an active board and committee member of the TMBA.

The TMBA has been around since 1917 and has served their members in order to enhance, preserve and advance the mortgage banking business in Texas.

NexBank SSB is a part of the NexBank Capital Incorporation. This company works to deliver commercial banking, mortgage banking, investment banking, as well as corporate advisory services to many businesses. NexBank is a regional bank that dates all the way back to 1922. This bank is led by Chairman, James Dondero. He is also the Co-Founder and President of Highland Capital Management.

NexBank has created an executive management team that works to combine industry expertise with a strong desire to serve all of their clients, whether they are corporate, institutional or individual customers. This bank currently has four different locations all around Dallas, Texas.

Original Sources:

A Successful And Growing Financial Institution based in Dallas

The Dallas based financial institution, NexBank, recently announced that Mary Pirrello has been appointed as the new President for the Texas Mortgage Bankers Association for the 2016 to 2017 term. Pirrello previously served as NexBank’s Senior Vice President of National Warehouse Lending. During her over 20 year career in the financial services industry, Pirrello has worked in a variety of institutions in leadership roles. While working for NexBank, Pirrello focused on improving relationships and business development for the warehouse lending division.

NexBank is a leading financial institution that has seen tremendous growth in recent years. They provide a wide variety of banking and financial services including: commercial, mortgage, and investment banking. In addition, they provide corporate advisory services to: small business and large corporations, real estate investors, middle-market companies, and banks. What separates NexBank from the competition is their commitment to serve their client’s individual needs. They see every opportunity to deliver high-quality service and exceptional value that will set them apart from other financial institutions.

Their exceptional commitment to their clients is one of the many reasons why NexBank has seen tremendous success in recent years. In 2015, NexBank reported very strong financial results and reached record levels for: assets, deposits, loans, and earnings. For 2016, the financial institution wants to continue developing their business throughout the United States, and expand and strengthen services to continue their successful growth.

Original Sources:

Mary Pirrello Takes On Industry Leadership Role

Mary Pirrello of Dallas-based NexBank has taken on a new challenge, as the President of the Texas Mortgage Bankers Association (TMBA). Her one-year term started in May. Pirrello, a Senior Vice President of NexBank, brings more than twenty years of mortgage lending experience to the state institution.

Ms. Pirrello’s specialty within the NexBank group is warehouse lending, and capital-driven business development. Her prior experience with the TMBA includes stints as an active board and committee member, since 2007, and working within their industry political action committee. She has received awards from the TMBA in the past, most recently in 2010 when she received the James Wooten Scholarship award.

NexBank’s Mary Pirrello Appointed President of the Texas Mortgage Bankers Association
NexBank provides financial services across the United States, focusing on a trio of areas of expertise: commercial banking, mortgage banking and home loans, and investment banking. NexBank handles clients of all sizes, from individual checking accounts to institutional clients, corporations and other financial institutions.

NexBank is committed to the financial wellbeing and success of their clients, no matter their size or their investment portfolio. The company provides industry leading transparency to account holders and is willing to go the extra distance when it comes to custom tailoring solutions to a specific financial services needs.

NexBank’s original charter dates back to 1922, and they’ve had a proven track record of success in helping other financial institutions and businesses reach their goals. NexBank is a proven innovator in data-driven financial management for commercial and institutional investors.

NexBank is highly rated as a bank catering to entrepreneurs and small businesses, and is branching out into the residential mortgage business, seeing an unmet need in the state of Texas. NexBank’s money market rates are nearly twice the national average, and the bank has an A+ health rating. The bank has ninety-one employees and three locations in the Dallas metro areas.

Connect with Nexbank:

Annual DFW Restaurant Week hits August 15-21 for Good Eats

If you live in the Dallas-Ft.Worth area, it would be wise to start your diet now because DWF Restaurant Week is right around the corner. From August 15-21, the 19th Annual Restaurant Week offers discounts to 125 different restaurants in the area as a North Texas Charity Event.

How this event works is that the selected eateries prepare a three-course prix fixe menu for a set price of either $35 or $45 for dinner and many of the venues will also include two courses for lunch. Then 20 percent of the cost of the meal is donated to benefit families and children with the North Texas Food Bank and Lena Pope, which is an organization that provides counseling and education for children under 18.

A new event starting this year is a two-day, kick-off with the DFW Restaurant Week Food and Wine Festival. There is only one location, which is in Downtown Dallas at the Main Street Gardens from 5-10 p.m. on Friday and Saturday nights. During these two days, top restaurants will display their culinary expertise, which includes domestic and international wines and new creative cocktails in the menu to set your dinner off the chart.

Here are a few tips so that you enjoy Restaurant Week to the fullest.

1. Make a reservation to ensure your table. These 125 restaurants will also be serving other customers, so remember to ask for the Restaurant Week pre fixe meal.
2. Be sure of the dates. Many of the restaurants will begin a few days earlier and then remain with the specials until September 4. The list of restaurants will identify the pre and post dates.
3. Get a little extra by shopping Central Market stores and receiving a voucher for a fourth course!

DFW is going to be another fabulous week of delicious wining and dining and it’s all for a great cause. Get hungry, and come out several times to your favorite eateries while the cost is reasonable.

NexBank Is Still Sponsoring The Byron Nelson

NexBank is going to keep up its sponsorship of the Byron Nelson Championship for the future, and people who love golf will see the tournament in real time with the advertising for the bank when they show up. They will see the presence of NexBank, and they can enjoy one of the most important tournaments on the calendar for the year. The golf tournament is just one small part of what NexBank does for the people of Dallas, and they are continuing their stand as a full service bank that can do anything for its customers.

NexBank Continues Sponsorship of the Byron Nelson

NexBank was started by James Dondero of Highland Capital Management, and he wanted to be sure that he had a strong bank attached to his company. NexBank Capitol offers normal accounts for people who need them, loans, commercial, industrial and residential financing. They have an answer for any question, and they are helping to build up Texas as it grows into the strongest economy in America.

The bank is familiar with loans that people need to make their businesses better, and they are trying to give as many good loans as they can to companies that need them most. Most companies that are in need of loans can get the cash that they need to make their businesses stronger, and they can take out a loan for anything. They can get a loan for construction, or they can get a loan to expand. The company has made it easy for all customers to get what they need, and then the customer can come back for more services in the future. This component of Highland Capital Management is the best thing that James Dondero has done for business in the area. His bank helps everyone in Dallas do business better, and it offers better financing for all.

Read on to know more about Nexbank:

Highland Capital Management’s James Dondero Chooses Linda Owen as New Charitable Giving Manager

Highland Capital Management, L.P., an asset management and strategic investment firm based in Dallas, has hired Linda Owen to direct its charitable giving wing and give direction to its philanthropic activities. Highland founder James Dondero personally hired Owen to oversee the company’s burgeoning charitable activity sector, in large part because he recognized her history of success in creating viable public-private partnerships in the Dallas area.

The hire comes at an important time for Highland Capital Management: as its global status as a trusted alternative credit manager grows, the firm finds itself expanding its charitable activities tremendously in the Dallas region. Already, Highland contributes about $3 million annually to various local organizations, notably the George W. Bush Presidential Library and Museum, the Dallas Zoo, and the Center for Brain Health. It is also heavily involved in causes such as Uplift Education and Snowball Express, and contributes large sums each year to the American Heart Association.

Linda Owen, who began her career at Wald, Harkrader & Ross after completing her both her bachelor’s and law degrees at the University of Texas in Austin, appears to be the perfect person to manage this array of charitable responsibilities. She has served as President and CEO at the Real Estate Council, where she oversaw the Dallas-Fort Worth real estate association’s non-profit activities, and at Woodall Rodgers Park Foundation, where she lead the charge for the construction of Kylde Warren Park. Owen has been involved with philanthropic organizations across Dallas and the state of Texas for her whole career, and her ambitions line up nicely with Highland’s stated operational goals.

James Dondero, who initiated contact with Owen and completed the hire, has long been a fixture on the Dallas business and philanthropy scenes. As one of the founders of Highland Capital Management, along with current colleague Mark Okada, Dondero is one of the world’s leading asset managers. With over $17 billion in current asset holdings, Highland has emerged as a global expert in matters of credit strategy, hedge fund analysis, private equity management and collateralized loan obligations. Highland also specializes in alternative investment strategies, and has delved into emerging market and natural resource investment classes in recent years.

Dondero founded the company with his partner in 1992, and since that time they have grown into a multinational business with offices in North America, South America and Asia. The services that Highland provides to its array of clients are invaluable and contribute to the thriving business scene in the Dallas-Fort Worth metro area. Even with the hiring of Linda Owen, it is unlikely that James will scale down his involvement in Highland’s charitable activities. He continues to sit on various boards and engage with local civic leaders in pursuit of the effective philanthropic approach that seems to elude so many successful businessmen. One thing is for certain: Dondero and Owen will form a powerful and energetic charitable team in the present day and for a long time to come.

This article recapped

NexBank swiftly growing in popularity


NexBank is a popular financial services company that is based out of Dallas, Texas. John Holt is the company’s President and Chief Executive Officer. NexBank serves it’s clients through three core businesses with that being Commercial Banking, Mortgage Banking and Investment Banking.
Over the course of the last two years NexBank has seen a tremendous amount of success with their company growing in many different areas and seeing increases in many different statistical categories. For four consecutive years NexBank has reached a record level in assets, loans, deposits and earnings as well. These statistics are very telling about just how popular and efficient NexBank has become. Their Return on Average Equity (ROAE) soared all the way to 35% by the end of 2015. This percentage is way up from where it stood in 2014 at 23%. Income ROAE reached $16.2 million dollars which is up from the $10.2 million that it was.
NexBank saw a massive increase in total assets over the past year as well reaching a reported $2.72 billion at years end which is a 48% increase. They also saw their total loans increase a significant amount as well $1.97 billion making it a 42% increase. Total deposits are on the rise as well with deposits having grown 32% reaching a level of $1.88 billion.
NexBank has a Tier 1 leverage ratio and total risk based capital ratio’s at 9.34% and 13.52%. According to Chief Operating Officer Matt Siekielski, the company is focused on their institutional client base and developing their business in the United States. They are constantly looking at different ways to not only expand but also strengthen the companies product offering. It’s easy to see how much success NexBank has had recently and the statistics prove just how well run and efficient NexBank really is.

Texas and 10 Other States to Sue Over Obama Trans Bathroom Directive

President Obama believes that transgender students should be allowed to use bathrooms and other facilities that match their gender identity, but the Lone Star state says, “Not so fast.”

Texas and 10 other states are planning to sue the Obama administration for its new directive to schools favoring the rights of trans children and teens. A news conference is set for Wednesday afternoon, with the announcement expected by Texas Attorney General Ken Paxton. Governor Greg Abbott even tweeted about the proposed federal lawsuit a few hours ago, stating “Texas will sue to stop Obama’s transgender directive to schools.”

According to, every public school district across the U.S. was notified earlier this month by the Justice and Education departments. The letter clearly spelled out that trans students could choose the bathroom that conforms to their gender ID.

The Obama administration expects all schools to create and provide a safe and nondiscriminatory environment for all students, including those who are trans. AG Paxton believes that the administration is going beyond the exercise of power and noted so in a statement he made on May 13. “If President Obama thinks he can bully Texas schools into allowing men to have open access to girls in bathrooms, he better prepare for yet another legal fight.”

President Obama believes that Title IX of the 1972 Education Amendments gives transgender students protection under the law. According to the administration’s interpretation of Title IX, the law prohibits any sex-based discrimination in education programs and activities that are supported by federal funds.

The 10 other states joining Texas in suing the Obama administration include, Arizona; Alabama; Georgia; Louisiana; Maine; Oklahoma; Tennessee; Utah; West Virginia and Wisconsin.

The subject of transgenders and bathroom facilities remains a hot topic across the country’s landscape. North Carolina passed a law in March banning trans people from using public school and government building bathrooms that align with their gender identities. North Carolina and the Department of Justice sued each other earlier in May, with each side taking an opposing position on whether Title IX violates existing federal statutes barring discrimination.