James Dondero is Portfolio Manager of NexPoint Credit Strategies Fund. Jim Dondero is the Co-founder and President of Highland Capital Management (an alternative asset manager specializing in high-yield fixed income investments), an affiliate advisor of NexPoint Advisors, L.P.
Mr. Dondero has over 30 years of experience in the credit markets. Prior to founding Highland in 1993, he served as Chief Investment Officer of Protective Life’s GIC subsidiary and helped grow the business from concept to over $2 billion between 1989 and 1993. His portfolio management experience includes mortgage-backed securities, investment grade corporates, leveraged bank loans, high-yield bonds, emerging market debt, real estate, derivatives, preferred stocks and common stocks. From 1985 to 1989, Jim Dondero managed approximately $1 billion in fixed income funds for American Express.
James Dondero received a BS in Commerce (Accounting and Finance) from the University of Virginia, and is a Certified Managerial Accountant and a Chartered Financial Analyst. He currently serves as Chairman of the Board for Cornerstone Healthcare, CCS Medical and NexBank and serves on the Board of Directors for American Banknote Corporation and Metro-Goldwyn-Mayer.
Mr. Mitts is Chief Operations Officer at Highland Capital Management Fund Advisors, L.P. In this role he is responsible for monitoring the performance and compliance of Highland’s registered funds business. Prior to joining Highland in February 2007, Mr. Mitts was the Manager of Financial Reporting for HBK Investments, a Dallas-based hedge fund. Mr. Mitts also founded and was President of his own business for ten years. Previously, Mr. Mitts was a Senior Accountant with Arthur Andersen, LLP. He received a MPA and a BBA from the University of Texas at Austin. Mr. Mitts is a licensed Certified Public Accountant.