James Dondero the Founder of Highland Capital Management, recently announced that it has hired Terry Jones to become the President of Institutional Products. With over 25 years of experience, Terry Jones will now be in charge of leading Highland Capital’s arrangements with institutional allocation as well as facilitating solutions oriented business development. He will also serve as the main person that leads the institutional sales for the firm as well. With his new role with Highland Capital, Jones will also align portfolio risk management for the firm as well as regulate the risk management in order to identify, and assess any risks the firm may take.
Mr. Jones has recently stated that Highland Capital Management is in very good position to deal with the current changes in the financial markets. He also says that the experience and investing capabilities of the firm which focus on below investment grade credit, and distressed and hedged equities will be able to outperform during the various cycles in the markets. Terry is excited to work with the firm in order to develop solutions which are able to meet clients’ needs. Jones has also said that the firms ability to manage risk capabilities help deal with market volatility and give the firm’s clients the opportunity to understand risks and opportunities when investing.
Mr. Terry Jones was recently hired by the founder of Highland Capital Management James Dondero. Jim founded the firm back in the year 1993 and has built it into one of the top investment firms in the world. The firm is an investment advising and wealth management firm that specializes in credit management, hedge funds, distressed private equity securities and also collateralized loan obligations. Over the course of over 20 years Jim has made Highland Capital Management a firm that manages over 20 billion dollars in assets. Dondero’s firm also has a worldwide presence in cities such as New York, Dallas, Sao Paulo, Singapore and Seoul.
Before founding Highland Capital, Dondero worked in the financial services industry for nearly 20 years. He started out as an analyst trainee and then helped manage a number of multibillion dollar funds for the firms he worked at. His career was very successful and allowed him to develop the knowledge and experience necessary to begin his firm in the early 1990’s. Prior to starting his career, he was a top student graduating from the University of Virginia with the highest honors. In college he majored in accounting and finance which gave him the knowledge foundation to work in the financial services industry. In his spare time, James participates in charitable activities which deal with public policy, education and veterans affairs.