Let's Get Real.
Billion-dollar-grossing investment banking adviser, Highland Capital Management, L.P. or HCM recently announced Terry Jones installation into office. He’ll assume the position of Institutional Products president, an official PR Newswire article reads. James Dondero selected Jones for his impressive background experience and influential leadership qualities. Jones’ previous position as Highland Funds head director garnered him a substantial amount of credibility. His leadership history includes Goldman Sachs Portfolio Manager, Battersby Capital Management founder, president and CIO (Chief Investment Officer). He headed Goldman Sachs Relative Value and Event Driven Sectors where his role involved a dynamic selection of duties. At which time Jones managed some $8 billion of the Funds capital investments. His resume highlights additional leadership roles commanding industry giants, Alternative Funds platform SEI AIC III and New York’s financial planner, Genworth.
At HCM, he’ll take on a dynamic set of duties and answer directly to the Fund’s president and controlling partner, James Dondero. As the Fund positions itself to navigate the industry and explore the market’s changing dynamics, Dondero considers Jones expertise an asset. With the Fund’s investing capabilities comprising of hedged/distressed equities, below-investment-grade credit, extensive experience and diverse infrastructure, it’s likely to dominate market verticals. Jones intends to utilize these production vehicles extensively to appreciate profitability. He expressed sincere gratitude in being chosen to join a Fund of this prestige.
With market volatility worsening each day, Funds require sound risk management solutions, which Jones intends to optimize at HCM. His expertise in identifying, assessing and managing risks is a profound tool. Jones graduated Columbia College and Business School an honorary BGS (Beta Gamma Sigma) with an Economics degree. His financial services career spans almost three decades. This appointment should complement the Fund’s platform especially in the area of institutional sales. Jones chief focus is to drive growth through strategic institutional planning.
A former U.Va McIntire scholar, James Dondero academic background is impeccable. At McIntire School of Commerce, he majored in Finance and Accounting, earning him distinctions, Beta Alpha Psi, and Beta Gamma Sigma. With CFA (Chartered Financial Analyst) and CMA (Certified Management Accountant) designation, he operates with the highest prestige as a finance industry professional. A former GIC Protective Life CIO, Dondero piloted the financial planner to gross substantial wealth. During his five-year tenure, he played a pivotal role from inception to exit in generating revenue estimated at $2 billion.
Among notable achievements, Dondero projects have received accolades and awards. A sampling includes #1 Morningstar Healthcare Long/Short Equity Fund (2014), Morningstar 5-star Global Allocation (2014), etc. Currently, he assumes of role at HCM, an investment banking adviser he co-founded in 1993. Additionally, Dondero operates as chairman at Cornerstone Healthcare, CCS Medical Corporation, and his own NexBank. American Banknote and MGM Studios also appointed him board director.