Mark Okada Retires from Highland Capital Management

 

Highland Capital Management’s co-founder Mark Okada retires and will maintain an advisory role on a temporary basis. His company is a major hedge fund that operates a portfolio of multi-billion dollar assets. He and the current president, James Dondero, formed their company in 1993. James Dondero will continue to manage the firm and assume Mark Okada’s duties.

Highland Capital is a major business success that manages hedge funds, mutual funds, and structured investments. It operates on a global basis by investing in public equities and markets with a focus on fixed incomes. Add high-yield bonds and leveraged loans to the company’s portfolio.

Highland Capital Management is grateful for the years of service and leadership provided by Mark Akada. The company manages offices in Seoul, Dallas, Rio de Janeiro, Buenos Aires and Singapore.

Highland Capital Management also believes in giving back to its community. The company volunteers, involves itself on advisory boards, and provides funding for a number of non-profits on both a national and local level.

They support those organizations it believes can have a major impact in society through their work. Civic institutions, particularly, in the Dallas community receive a great deal of support. Get Additional Information Here.

These institutions place a great deal of focus on research and education. Highland Capital Management also offers support for those organizations that respond to health, veteran issues, military matters, and first responders. To date, Highland Capital has committed more than $40 million to organizations and causes around the world. Mark Okada had a definite hand in helping shape the destiny of his company.

The professionals who served under him will continue to provide the services that have made the company a force around the world. Mark Okada has already set things in motion by handing off the responsibilities that relate to credit research. Highland Capital’s team members qualify to step into their new roles. See This Page for additional information.

 

Related article: https://www.dallasnews.com/business/2019/09/30/highland-capital-management-co-founder-mark-okada-retires-will-remain-in-advisory-role-temporarily/

 

Mark Okada, Co-Founder Of Highland Capital Management, Steps Down

 

Twenty-six years is a lot of time to put into anything. This is the duration of time that Mark Okada had put into Highland Capital Management when he finally decided that he had done enough to help bring the firm to the place that it is in today.

Highland provides a number of industry leading benefits to promote employee success and wellbeing, and has been recognized by Pensions & Investments as one of the Best Places to Work in Money Management.

James Dondero and Mark Okada had an idea that they wanted to build out an investment firm that was unlike the others all the way back in 1993. They decided to name their firm Highland Capital Management, and the pair set out to change the way that we think about investing. They both have knowledge in credit markets, and they decided to put that knowledge to work to find investments that others were not paying as much attention to. This was the investing principle behind Highland Capital.

It’s been over the twenty-six years that the two have been at the helm of this thing they have seen enormous growth in it and have continued to steer it in the right direction regardless of how the market itself was doing. For that Mark Okada deserves a lot of praise, and he has been receiving it from his co-founder and others in the company. See This Article to learn more.

To avoid too much disruption, Okada has been training senior officials within Highland Capital Management to take over where he left off. He has shown them some of the things that he is responsible for and how they can use their own insights to continue to find profitable opportunities for the firm. It has been a display of leadership that you don’t necessarily see from other leaders in other industries.

Highland Capital Management may be without a leader that it has relied on for a long time now, but they are not looking back, they are only moving forward. They applaud the work that Okada helped them with, and at the same time, they are pleased to take on new challenges going forward. Click Here for more information.

 

Visit their page on https://www.highlandcap.com/

 

James Dondero Juggles Work and Philanthropy

For about 30 years, James Dondero has established a strong platform that offers financial services. The dedicated employer of Highland Capital Management barely boasts of his vast experience and admirable expertise in offering feasible, financial services. As an individual who co-founded Highland Capital Management, Dondero understands the leadership scope and service delivery scheme of the firm. Since he joined the firm in the 1990’s, he has garnered exemplary skills that have worked for the betterment of the firm.

Dondero’s role in finance

Dondero is a specialist in equity markets and credit facilities. Being the president of the firm as well, he has a huge responsibility when it comes to retaining clients in the firm. Dondero focuses largely on distressed investing. He is always on the lead of guiding clients on how to achieve financial freedom. As a pioneer in Collateralized Loan Obligation and solutions for institutional retails, Dondero is highly upheld and revered for his input in the industry of finance. Visit Nexbank to know more about James.

Dondero’s specialty

As a master in his field, James Dondero is trusted to offer relevant financial advice. Often has he been praised for assisting clients in managing retail investors, advancing credit-based solutions, handling hedge funds and managing separate, institutional, financial records. Dondero’s experience is linked to multiple companies. Before joining Highland Capital Management, he was an employee at GIC, an affiliate of Protective Life. He actively served the company as a chief executive officer.

Read: http://www.barrons.com/articles/making-bold-bets-on-alternative-investmentsand-winning-1490423757

Dondero’s Philanthropy

When he is not working at Highland Capital Management, Dondero utilizes his time in philanthropic projects. That is an additional area in which he has managed to diligently serve the people of Dallas. Dondero actively supports progressive, educative, initiatives that sum up to the economic development of the community.

The conclusion

The career of Mr. Dondero dates back to 1984. He was a financial analyst at Morgan Guaranty Company. In 2006, he served as the chairman of Highland Capital’s affiliate, Highland Financial Partners. Presently, he is the chairman of NexBank Capital and Cornerstone Healthcare Group. It is evident that Dondero has a clear track record of excellent performance in the sector of finance. This, perhaps, is his strong point as a leader. Visit nexpointliving.com to know more about James Dondero.

The Major Contributions of DonataMeirelles to the HIV and AIDS Research

DonataMeirelles is a renowned fashion consultant and socialite in the fashion industry. She is known for her philanthropic efforts to the industry. She is the former style director of Vogue Brazil. She has been an advocate and supporter of AIDS education and research for a long time. She has attended annual events and engages her online followers for the same cause. The aim was to support the fight against HIV and AIDS. She has a broad audience of around 463,000 followers who have contributed to increased awareness and funding.

Eight years ago, Donata Meirelles was introduced by a friend to AmfAR. Since then, she has been moved by the relentless pursuit and cause of the cure for AIDS at the organization. The American Foundation for AIDS research organization was founded in 1983. It was initially meant to reduce the stigma linked to HIV and AIDS diagnoses as well as enhance funding for its mission.

The global nonprofit organization is committed to supporting treatment education, AIDS research, and HIV prevention. In addition, it is dedicated to advocacy for public policies related to AIDS all around the world. Currently, the organization is aimed at ensuring upcoming innovative research as well as development in organizations. The main activity is offering fellowships and grants. It has provided above 3,300 grants to research institutions globally.

The foundation is also involved in the investment of over $400 million in various research ventures. The common target is effective to cure of AIDS and related opportunistic illnesses. Fortunately, the organization has recorded unmatched success in boosting prevention and treatment aspects.

DonataMeirelles is an active supporter of AmfAR’s initiatives and charity events. The goal of these funding events is to find out a scientific cure for AIDS. She hopes that the goal of coming up with a treatment for AIDS by 2020 will be accomplished.

Check out: https://www.youtube.com/watch?v=2m8HgCoL7xg

George Soros’ 18 Billion Dollars, a Game Changer in Philanthropy

If making huge transfers of wealth to philanthropic courses is considered a dedication to humanity, then transferring three-quarters of your wealth to humanitarian courses is a significant sacrifice on behalf of humanity. The Open Society recently confirmed having received eighteen billion dollars from of the billionaire philanthropist George Soros’ estimated twenty-five billion net worth empire. George is not new in these sorts philanthropic efforts, but the latest revelation somehow seems to defy the ordinary dictates of capitalism.

George’s charitable nature stems from the horror he experienced in his childhood as a Jew in Nazi-occupied Hungary. Born in 1930, George Soros witnessed one of the worst humanitarian crisis in modern history, a crisis in which more than 500,000 members of the Jewish community were massacred. His family not only had to use false identities but also helped many others secure false documentation to survive. He then traveled to London where he worked as rail porter and part-time nightclub attendant to fund his academic development at London School of Economics. Upon completion of studies, he moved to the United States where he established a hedge fund, and the rest is history.

Since 1979 when he first began his philanthropic work by supporting academic progress groups of black students in the then apartheid-controlled South Africa, George Soros has since donated 32 billion dollars to various courses around the world. His philosophy of open engagement and critical thinking in society has seen him support democratic governance around the world. He founded the Central European University to foster critical thought.

In the early ‘90’s, he founded the Open Society Foundations, a network of civil societies spread in more than a hundred countries around the world, supporting various charitable activities. As the single largest donor he had pumped up to 14 billion dollars to various courses such as promoting the rights of LGBT communities, persecuted minorities around the world, and displaced persons looking to start their lives over. The recent donation of $18 billion without question makes the Open Society Foundation the second largest foundation in the world with only the Bill and Melinda Gates Foundation beating it to the cake.

Read: http://money.cnn.com/2017/10/17/news/george-soros-18-billion-open-society-foundations/index.html

In the wake of West Africa’s 2014 Ebola outbreak, the foundation supported the setting up of medical treatment centers to manage the crisis that was quickly spiraling out of control. In the aftermath of the 2016 US election, George increased spending on protecting minorities in the country from what he described as the awakening of dark forces who were out to persecute minority groups. Learn more about George at forbes.com.

The policy of not fearing to support popular courses that sometimes go against governments has attracted bits of criticism from powers that be. In his home country Hungary, for example, he has attracted criticism for opposing the anti-refugees stance of the Hungarian nationalist government. And in the United States, the Republicans are always irked by his donations to the Democratic Party. Be it as it may, George Soros has shown the world on what it really means to make sacrifices in the struggle to improve the status of humanity. Read more on Fox News about George Soros.

DeVos Family Uses Fortune to Help Others

 Dick DeVos knows what it takes to be successful at business. He served as the CEO of Amway, owned the Orlando Magic, and heads up the investment management firm Windquest Group. According to Forbes Magazine, DeVos’s net worth is estimated at $5.1 billion, making him the 67th richest man in the United States. A good portion of that money is designated to DeVos’s many philanthropic causes.

 

DeVos and his wife, Betsy, formed the Dick and Betsy DeVos Foundation in 1990. The organization’s goal is to provide funding to help improve areas such as education, the arts, leadership, and other community endeavors. Through the foundation, the West Michigan Aviation Academy for high school students was set up in 2010. Numerous other groups and institutions have benefited from the DeVos Foundation over the years, including the Education Freedom Fund, the American Education Reform Council, Thunderbird School of Global Management, Kids Hope USA, Princeton University, and Mars Hill Bible Church. Money from the foundation has also funded the ArtPrize competition in Grand Rapid, Michigan since 2009. In an effort to promote free markets, the DeVos Foundation has given money to organizations like such as the Heritage Foundation, Acton Institute, and Hudson Institute. Dick and Betsy DeVos’s dedication to education led them to co-chair the Education Freedom Fund to provide scholarships to low income families. They have also given money to several Christian schools in Western Michigan, and have set up their own scholarships for students wishing to attend either the Thunderbird School of Global Management or Northwood University.

Dick Devos – The Renowned Entrepreneur and Philanthropist

Dick DeVos was born in Grand Rapids, Michigan on October 21st, 1955. He has been involved in the family business ever since he was a child. Dick received a bachelor’s degree in Business Administration from Northwoord University. He later joined the Harvard Business School but did not graduate. Dick DeVos has honorary doctorates received from Northwood University, Central Michigan University, and Grove City College.

Dick Devos started working in his father’s company Amway Corporation in 1974. In 1984, he became one of the vice presidents of Amway. In 1991, the DeVos family acquired Orlando Magic, and Dick DeVos became the President and CEO of the team the same year. Two years later in January 1993, Dick DeVos left Orlando Magic and rejoined Amway as the President and CEO. Under his leadership, Amway expanded its operations to more than 50 countries and has territories in six continents.

In 2000, Dick oversaw a corporate restructuring of Amway that created Alitcor. Alictor became the parent company of predecessor Amway. Today, Amway, which is a privately owned business has made Dick DeVos the second richest resident of Michigan. In 2014, the company reported sales of $10.8 billion. The Forbes magazine reported that as of 2015, Dick had an estimated worth of $5.7 billion. Dick DeVos retired as the CEO and president of Alcitor in August 2002.

Dick DeVos has had a stint in active politics. In June 2005, DeVos announced his candidacy for the Governor of Michigan. However, he was defeated by the Democrat incumbent Jennifer Granholm, who is still the current governor of Michigan. His wife is the immediate former chairperson of the Michigan Republican Party.
The DeVose family has a total of five foundations. These foundations work together and have targeted their giving primarily to West Michigan where Dick DeVoe’s father founded the consumer giant Amway. In 2014, the family was ranked 20th in the Top 50 Givers list in the United States. The family donated a total of $94 million in the same year. Out of the $94 million that was donated in 2014, $54 million of it was donated to in West Michigan.

For many years, Dick DeVose has supported Christian non-profit organizations that provide various services to Michigan City’s poorest resident. For instance, Dick has supported the South Division Avenue Ministry that assists people in getting IDs, finding jobs and accessing other social services. The organization has a 40-bed women’s shelter and served 50,000 meals last year.

Visit facebook.com to know more about Dick DeVos.