Category Archives: Philanthropy

James Dondero’s Roles As An Alternative Investor And Philanthropist

James Dondero was a pioneer in investing in collateralized loan obligations (CLOs). Today, the company he co-founded, Highland Capital Management, has more than $15 billion in assets under management in no small part due to the money they made from CLOs starting in the early 1990’s. He has made a number of other bold investments during his professional career including American Airlines and the sovereign debt of Brazil.One of Highland Capital Management’s most popular funds, stock ticker HCOAX, was created by James Dondero and is one that he still actively manages. This fund has some of his best ideas in it. Most world allocation funds hold the about 400 securities but HCOAX holds less than 200. The assets in this fund are sorted into themes based on what sector of the economy they are focused on. Some of the areas that he has recently invested in through this fund are master limited partnerships and Vistra Energy.

As he concentrates on specific sectors and even companies, HCOAX can experience big performance swings. This is intentional, Dondero says, because he doesn’t want to offer a muted fund just like most of the other ones that are out there. He prefers to do deep research and then swing for the fences with this fund.James Dondero serves as the President of Highland Capital Management, which is based in Dallas, Texas. He has been an alternative investor for over 30 years. He is also involved with other financial companies including serving as the Chairman for Nexbank, Cornerstone Healthcare, and CCS Medical. He also holds two financial certifications, Certified Management Accountant and Chartered Financial Analyst.

As an active philanthropist, James Dondero has supported a number of Dallas charities. The main areas he supports are education, public policy, and veteran’s affairs. He has also supported The Family Place, a Dallas nonprofit that provides a safe place and resources for people that are escaping from family violence. Unlike many similar places, The Family Place can accommodate pets as one of the main reasons some people stay in an abusive relationship is because they don’t want to leave their pets behind. Learn More.

Omar Boraie And Family Give Something Back To Rutgers University

The Boraie family has given a generous gift to Rutgers University in the amount of $1.5 million for the establishment of a chair of genomics at the school. The chairmanship will be part of a much larger initiative to make New Brunswick a hub for medical care. This article explains how the Boraie family has offered some of the finest developments in the history of the state.

#1: What Does The Boraie Family Do Every Day?

Omar Boraie and his family company have created countless developments for the state of New Jersey, and each of them has been made to help accommodate the community where it was placed. The company asks cities to offer up properties that may be developed further, and they will build something in its place that is quite exciting. They have built everything from residential towers to retail shopping malls, and they create everything in between. View his full profile on crunchbase.com.

#2: How Does The Gift Help Rutgers?

Rutgers University is one of the leading medical schools in the country, and they have a number of research units that devote their time and energy to research that will change lives. The genomics department will use the gift from the Boraie family as reported by Newswise to open a chairmanship for the department that will bring in the finest minds in the world. Someone who comes to the school to work will have the backing of the Boraie family, their donation and the rest of the community as they work.

#3: How Has The Company Helped In New Brunswick?

The Boraie family has based their company in New Brunswick, and they are a vital part of the community. They are offering something that many other firms do not offer, and they are developing in the city every year. They have gone to great lengths to ensure the city has what it needs to grow, and they have built in places that have changes the lives of the people living there. Sam Boraie has helped turn around several dilapidated communities that needed a bit of attention.

The gift to Rutgers University and the development work of the Boraie family are second-to-none. The kindness of the gesture helps make the school more competitive in the medical field, and the chairman who comes in to work with the school will have the full backing of one of the largest donors in the history of the school.

Read more: https://www.bloomberg.com/profiles/companies/0601263D:US-boraie-development-llc