James Dondero and Highland Capital Management Buying New Argentina Bonds

In an article posted on Bloomberg stating that with Argentina making their return to the international bond markets in able to raise $12 million, Highland Capital Management will be counted on to be one of the buyers. They are optimistic on where Argentina stands right now.

James Dondero states that Highland Capital Management will snap up significant amounts of their securities. HCM oversees $19 billion in credit hedge funds and emerging market credit funds. HCM’s plan to invest in Argentina is a god sign for the country. They are looking to buy some new issuance. Bloomberg sat down with James, who is also known as Jim, to talk about Argentina’s comeback to the international bond markets, read the whole article here.

Highland Capital Management, L.P. is an investment adviser. They have $18 billion in assets under management. It was founded in 1993 by James Dondero and Mark Okada. They are one the largest and most experienced global alternative credit managers. Highland’s headquarters are in Dallas Texas and also hold offices in New York, Sao Paolo, Singapore, and Seoul.

Dondero has over 30 years of experience in equity and credit markets. He graduated with the highest honors from the University of Virgina. He also graduated from Mclntire School of Commerce with majors in finance and accounting. He also has a CPA, CMA, and a CFA.

Between 1985 and 1989, he was a corporate bond analyst and afterwards a portfolio manager for American Express. From 1989 to 1993, Dondero helped create the GIC subsidiary of Protective Life as chief investment officer. Dondero is chairman of NexBank, Cornerstone healthcare, and CCS Medical. He is also a board member of American Banknote and MGM Studios. He also supports numerous charitable activities, including Perop Museum of Natural Science, Snowball Express, SMU’s Tower Scholars Program, George W. Bush Presidental Library and Institutes, Education is Freedom and Uplift Education.

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Additional Links:

http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/

http://www.bloomberg.com/research/stocks/private/person.asp?personId=2159086&privcapId=37846394