Highland Seeks Linda Owen Partnership To Effectively Management Its Expanding Philanthropic Activities

Following the fast expansion of Highland Capital Management, the company’s president and chairman recently decided to hire Terry Jones as the President of its Institutional Products division. Currently, Highland Capital Management (HCM) and its affiliates have more than $20 billion in assets under management. Mr. Jones has more than 25 years of experience in the financial services industry having worked for various companies. Before he joined HCM, he served on the board for Genworth Life Insurance Company of New York and Lead Director of Battersby Capital Management. He was the Global Head of the Hedge Fund Strategies Group of Goldman Sachs where he managed about $8 billion of Hedge Funds.

Highlands Capital Management, L.P. is Dallas-based investment advisor founded by both Mark Okada and Jim Dondero. The company is one of the most experienced investment advisors in the world. The company is a pioneer in many investment products such as collateralized loan obligations (CLOs), separate accounts, private equity, and institutional products. Its clients include financial institutions, endowments, corporations, endowments, funds of funds and high-net-worth individuals.

For the last over 20 years, Highland has recorded impressive growth both in the number of clients and assets under management. The company is also a substantial donor to the society having increased it philanthropic overtime. Recently, the company made a partnership with Linda Owen, Dallas Owen civic leader to serve as the company’s charitable giving manager. Linda will coordinate with The Dallas Foundation, the company that currently administers HCM’s charitable fund to deliver desired results.

According to James Dondero, there was a need to have a dedicated professional to manage the expanding philanthropic activities to ensure it makes the greatest impact in the society. Jim has described Linda as a person with a proven track record of building public-private partnerships in Dallas and an individual who shares HCM’s vision of making a tangible difference in the community. The contributions by HCM currently stands at more than $3 million every year to charity organizations. The fund is meant for supporting veterans’ programs such as health care, education, and sport in the Dallas community.

Source: http://www.businesswire.com/news/home/20160608006430/en/James-Dondero-Teams-Dallas-Civic-Leader-Linda

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