James Dondero has guided Highland Capital’s endeavors to build a solid portfolio and attract clients into its Global Allocation Fund. Dondero has studied the markets well in his 30 plus years as a portfolio manager and recently he’s accurately predicted that American Airlines was worth more than their current stock listing. According to an article published in Barron’s, Dondero was one of the few economists predicting Argentina’s economy would see a recovery under new President Mauricio Macri. Perhaps most stunning was when Dondero took a local energy company, Vistra Energy that even billionaire investor Warren Buffet had been unable to turn profits on.
James Dondero has a long history in investment banking having entered the profession with a degree in accounting and finance from the prestigious University of Virginia School of Business. Dondero was looking to get into real estate, but when the roadblocks came there he decided to become a credit analyst. He completed the Morgan Guaranty program and joined American Express bank in the 1980s, and pretty soon he started managing fixed income funds and specialized investments for clients. The start of Highland Capital for Dondero actually began as a concept that Protective Life placed him in charge of. He took that concept and soon created a subsidiary investment firm. As the firm’s assets under management grew to over $2 billion and more clients came, Dondero made enough money to take the company public.
Once James Dondero had made enough income to buy the remaining shares of GIC, it became known as Highland Capital. Highland Capital first based its services in collateralized loan obligations, a new form of bonds that Dondero was a strong advocate for. But since then Highland Capital has added a variety of strategies to its private equity including healthcare, long-term and short-term equity, real estate, distress funds and structured products. Dondero is a member of several major banking and healthcare advisory boards including Cornerstone Healthcare, Nexbank, CCS Medical and MGM Studios. He is also a philanthropist who helped a local Dallas domestic violence shelter agency match a grant to complete their new facility, and he’s also a contributor to Reasoning Mind.
In this modern era, every individual aspires to become successful in every venture one undertakes. However, not everyone has been lucky enough to achieve their dream. Sam Boraie is one individual who has been able to become not only successful but also well known in the real estate industry. He is a person who has been referred by many as an all rounded person as he is a businessman, philanthropist and a real estate developer. He currently sits as the Vice President of one of the biggest and largest real Estate firm, Boraie Development LLC. The company, under the leadership of Sam Boraie, focuses on constructing revolutionary buildings and other aspects of real estate development such as property management. To make sure the final result is up-to-standard and fully meets the client’s requirement, Sam works hand in hand with architects and financial bodies that are ready to make the customer’s dream a reality. What has enabled Boraie Development LLC to become well known and loved by customers is the fact that it understands the importance of keeping time and complying with the set deadlines.
Sam Boraie together with his firm has been in the real industry for more than thirty years, and over these years, Boraie Development LLC has become one of the most sought out development firms in New Jersey and New Brunswick for the good job it does. Boraie Development is a company that has taken it upon itself to ensure the living standards of people are elevated through various ways such as creating job opportunities and giving back to the community. Boraie Development LLC has been accountable for providing various services and developing commercial and residential property depending on the client’s preference. The Corporation majorly aims at developing properties that raises the society’s profile, strengthening neighborhoods while integrating the community as a whole. All residential apartments constructed by the firm have been designed to make use of public transportation while incorporating amenities loved by the residents such as fitness center.
Boraie Development work is evident in New Brunswick and New Jersey where it has been actively involved in constructing commercial properties such as retail space. Through this, the local economy and municipal tax base are boosted. Boraie Development is known for taking control of the properties constructed and through this have an opportunity of increasing their asset’s value. While undertaking the maintenance procedures, Boraie Development takes into consideration and pays attention to every detail to ascertain improvements are conducted on a continuous basis. Among the numerous services offered by Boraie Development LLC, the firm is responsible for administering the market and overseeing the leasing process on behalf of their clients. See also.
One of the core reason behind Sam Boraie being respected as a business man is his contribution towards his community. Boraie believes in the power of giving and this is why he has involved himself in numerous charitable organizations and programs such as Elijah Promise. Through his involvement in these non-profit programs, the community can acquire fresh food and undergo job training. Sam believes his success comes from giving back to the community and this explains the reasons as to why he is so passionate when it comes to helping the less fortunate in the community.