The charitable arm of Dallas headquartered Highland Capital Management, L.P.,one of the world’s most respected asset management firms, has announced that Linda Owen will serve as its charitable giving manager, according to a recent article on BusinesWire.
In her new role, Owen will partner with The Dallas Foundation to oversee Highland’s charitable giving arm, the article states.
“As we’ve expanded our philanthropic activities, we recognized the need for a dedicated professional to ensure our contributions make the greatest impact,” James Dondero, co-founder and president of Highland, is quoted as saying in the article.
Highland donates more than $3 million each year to charitable organizations through The Dallas Foundation, according to BusinessWire, supporting a number of veterans’ causes, education and health-care initiatives throughout Dallas. Among the organizations who have benefited from contributions from Highland are the Perot Museum of Nature and Science; the George W. Bush Presidential Library and Museum; the Center for Brain Health; the Dallas Zoo; Uplift Education; Snowball Express; and the American Heart Association.
Dondero does not simply send money to those organizations, either. According to the article, Dondero and other Highland executives also give of their time by serving on numerous boards and in other leadership roles for charitable causes.
Dondero co-founded Highland Capital Management along with Mark Okada in 1993. According to the article, Highland is today one of the largest and most experiences alternative credit managers in the world, with around $17 billion in assets under its control. Highland also has a presence in emerging markets and has a diversified client base that is comprised of not only public pension plans, but financial institutions, endowments and foundations as well.
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