The Southern Methodist University Cox School of Business has appointed president and co-founder of Highland capital management, James Dondero to their executive board. Mr. Dondero is proud of being part of the Cox school, a business training institution whose impact on the Dallas community is known and appreciated by many. He is glad to be part of the school and looks forward to helpingits growth initiatives take off.The cox school board comprises of 100 members, most of whom are non-academics who give advice at the business school strategy. This executive board holds meetings three times in a year in spring, winter and fall.Mr. Dondero is not only a leader at Cox and Highlands but also the chair to the NexPoint Residential Trust, CCS Medical and Cornerstone Healthcare. He also serves in the board of MGM Studios and Jernigan Capital.
Highland Management Capital
This SEC registered company is an investment adviser bosting of managing up to 16 billion dollars’ worth of assets. Mark Okada and James Dondero established the company back in 1993 with the intention of helping small, upcoming and established businesses make better sense of their assets. It is renowned world over as a credible and one of the most experienced substitute credit manager.Highland Management Capital specializes in credit strategies. This includes separate accounts, credit hedge funds and long only funds.
The also handle special situation property and distressed private equity as well as CLOs (collateralized loan obligations).the company also has alternative investments.This includes foundations, pension plans, financial institutions, corporations and funds of funds. It also serves high net worth individuals. The headquarter of the company is in Dallas, Texas. It also has an office in New York. , Singapore, Sao Paulo and Seoul.
SMU COX Business School
The school was originally formed in 1920 on the Southern Methodist University in Dallas, Texas. It was named after Edwin Cox, the benefactor in 1978. The school offers a range of undergraduate and graduate programs on business education. it has different academic and alumni chapters all over the world.
The year 2008 proved to be one of the worst in history for the economy of the world especially the United States. The crash of the stock market left many investors holding what was their depleted accounts. In an economic forum in Sri Lanka yesterday, George Soros warned investors on Bloomberg to be very cautious because he detects similar characteristics emerging between the economy of today and that of 2008.
George Soros in an international investor who claims his hedge-fund firm progressively gained 20 percent every year from 1969 to 2011, and today he reports a net worth of over $27.3 billion. His career began in the 1950s in NYC, and his reputation was established on his incredible investing prowess. Soros has over 50 years of experience in the stock market, and he points out that a crisis may well be in the future by these eight identifiers.
Learn more about his profile at Forbes.com.
1. China has adjustment issues, and they had a $2.5 trillion loss that displayed serious challenges; China halted trade after the announcement. They have a devaluation of their currency, which is transmitting problems to the rest of the world. Soros replied that positive interest across the globe is a necessity.
2. The decreasing value of the yuan is affecting China’s economy, global currency, stocks and commodities since the beginning of 2016 because of the shift from investment to consumption and services.
3. Soros commented on the Greece-born European debt decline in 2011 saying that it was more serious than the crisis of 2008.
4. The Chicago Board Options Exchange Volatility Index or the VIX, affectionately known as a fear gauge, is up 13 percent.
5. The Nikkei Stock Average Volatility Index escalated to 43 percent this year. This index recognizes the cost of protection on Japanese shares, which involves the yuan
6. The Merrill Lynch Index of price alterations in Treasury bonds rose 5.7 percent.
7. Investment data reinforced a slow manufacturing sector.
8. The People’s Bank of China cut interest rates to record lows while the government authorities added billions of dollars to their weakened economy.
These indicators all point to global markets falling into a crisis very soon says George Soros. He reminds investors to be extremely cautious. Skyrocketing gold prices is another sign that the world’s economy is headed towards a crisis situation.
CCMP is an investment firm that specializes on growth capital and leveraged buyout. It was known as JP Morgan Partners before they separated from JPMorgan Chase in 2006. Since its inception, CCMP has investments of up to $12 billion and in 2007, it was ranked 17 in the private equity funds category. Originally, in 1984, it was named Chemical Venture Partners where it started as a private equity and venture capital branch of Chemical Bank. The key people who made sure that the New York based investment firm was operating properly were Greg Brenneman, the CEO Stephen Murray CCMP Capital, who was also the President and the Chief Executive Officer.
Under the leadership of the late CEO Stephen Murray, the chemical investment firm then adopted the Chase name after acquiring the Chase Manhattan Bank in 1996. In 2000, he spearheaded the procurement of J.P. Morgan & Co. and, it led to the formation of JPMorgan Chase after which it changed its name to JP Morgan Partners. In 2004, the investment firm acquired Bank One which already had its own investment group. Between 2005 and 2006, JP Morgan Partners announced a spinout. The firm that formed after adopted the CCMP which stands for Chemical and Chase and JP Morgan Partners. The Morgan Partners were also followed by many other private equity groups.
In 2007, there was a fundraising that closed on $3.4 billion in commitments according to Wall Street for the Stephen Murray CCMP Capital Investors II. It was its initial capital after they had split from other major partners like the JPMorgan Chase. Other firms like the Panorama Capital that is based in Menlo Park, California specialized on venture capital after the separation. Others that firms which resulted from the spinout include the Unitas Capital that formed from Stephen Murray CCMP Capital Asia. Under his tenure, Murray was able to secure responsibilities like the firm still manages both the JP Morgan Partners Global Fund. Other investments made include AMC Entertainment, Berry Plastics, Guitar Center, Inc., Hanley Wood among others.
Murray, unfortunately, died at the age of 52 after he left the firm due to health related issues. His works will be remembered as he tirelessly worked with the company since its 1989. He began his career after the JPMorgan Partners opted to spin out of the CCMP. He succeeded the then CEO and founder Jeff Walker. Other responsibilities that the late Murray held include Infogroup Inc., LHP Hospital Group, Octagon Credit Investors and Crestcom International. Greg Brenneman took over his position after his demise.