Located in Dallas, TX, Highland Capital Management is an investment advisory firm that works together with its affiliate. The firm’s assets are worth approximately $ 17.5 billion. Highland Capital Management is among the most experienced and largest alternative credit managers. It specializes in credit strategies like long-only funds, credit hedge funds, and separate accounts. Read more about Highland Capital at prnewswire.com.
In January this year, the firm announced that it would give a $10 million donation as endowment gift to George Bush Presidential Center. The firm announced its President and co-founder James Dondero. Also present during the announcement was CEO of George Bush Presidential Center, Kenneth Hersh. According to James Dondero, the purpose of the donation is to provide the center with sponsorship to enable it to run its public programs. This wasn’t the first endowment gift the firm was giving the center. It has awarded over $ 5 million to the center as financial aid. In fact, the Presidential Center has recognized the firm as its major donor. The firm also features prominent speakers when awarding its endowment gift to the firm. Previous speakers include Dr. Condoleeza Rice, the former Secretary of State, former director of CIA and NSA, General Michael Hayden. The first donation from the firm featured Christopher J. Scalia, an author, and co-editor of the Life Well Lived.
On his part, the CEO of the Presidential Center congratulated Highland Capital Management for their endowment gift, adding that the center looked forward to getting more financial support from the firm in future. The gift, according to the CEO, would ultimately facilitate the center implement its objectives and serve more people. He affirmed his gratitude for the firm gift, noting that despite serving its clients who are primarily corporations and other businesses, the firm has also given generously to support causes geared at improving lives for the public. Read more at bloomberg.com.
Highland Capital Management is pleased to help the public as evidenced in their recent endowment gift to George Bush Presidential Center. The Dallas-based firm is actually among the few firms that make such generous contribution. Considering its huge net worth that is increasing by leaps and bounds, then Capital Management will give more financial aid to the center and other organizations.