Terry is aware of the fact that already Highland Capital Management has been able to conquer the challenges in the financial credit market. Its performance with hedge funds, private equities, and distressed investment is beyond measure. The firm has been able to conquer all the risks and embrace opportunities through transparency a reason he is psyched up to work as the president of institutional products. Jones has over 25 years’ experience and will be active in aligning portfolio risk management at the Highland Capital. During his duty, he will be expected to report to the Highland Capital Management president James Dondero.
Jones is expected to help in broadening the institutional sales platform for Highland Capital Management through establishing strong links with other sectors. Despite the dynamic market, he is positive that the stability of Highland Capital Management is beyond any effect and shocks from the dynamism in the market. Dondero hopes that because of the volatility in the market Terry will help the firm in risk adjustment. For Terry, this is not a tough job because Highland Capital Management is already past tough turmoil successfully. His experience as a portfolio manager is definitely perfect for his new role at Highland Capital Management.
Highland Capital Management was founded by James back in 1993 and has been successful up to being the top manager of over $20 billion for credit funds and emerging funds. Dondero is an expert in financial credit and private equity-based from his career. He studied at the University of Virginia where he obtained the highest beta, gamma, alpha, sigma honors from McIntire school of commerce. He has also received certifications for CPA, CFA, and CMA in addition to his over 30 years’ experience in financial credit and equity markets. His focus majorly has been on distressed investments like niche products for example timber.
At the start of his credit analysis career, James attended Morgan Guaranty Training Program and later worked with the GIC subsidiary in the promotion of protective life insurance. He managed to grow for the subsidiary $2 billion worth of profit. Jim has also worked with American Express in the management of $ 1 billion for the firm. Many financial institutions are successful thanks to his financial credit solutions like Collateralized Loan Obligation (CLO), institution separate accounts, REITs, and RTFS. He has been of great help for retailers, wholesalers and many institutions dealing with financial credit in general. Dondero is also a trusted director and chairman in several institutions board teams.