As the co-founder and president of Highland Capital Management, James Dondero knows how to gracefully navigate through the complex world of investing. Recently, his firm reached a cooperation agreement with RAIT Financial Trust, and it looks like the new agreement will work out well for all involved. A real estate investment trust, or REIT, RAIT Financial Trust provides commercial real estate financing throughout the United States. The gist of the new agreement is that following the certification of the vote at the annual shareholders meeting, a new trustee will be appointed. The trustee will be one of two candidates who have been recommended by Highland Capital Management.Before delving more into the cooperation agreement between Highland Capital Management and REIT Financial Trust, let’s consider the background of this development. First, it helps to understand what Highland Capital Management is and James Dondero’s role in the firm. Highland Capital Management is what is known as an alternative asset firm. Founded in 1993 by Dondero and Mark Okada, it was originally based in Los Angeles but has been headquartered in Dallas for many years now. In the years since its founding, Highland Capital Management has enjoyed many successes–and many of them are directly credited to James Dondero.
So, who is James Dondero? If you know anything about the world of finance and investing, you are surely familiar with the name. Born in Hoboken, New Jersey, the 54-year-old Dondero hit the ground running with his career many years ago. He attended the University of Virginia, where he studied accounting and finance. Originally, Dondero was interested in real estate investing. Within five years of graduating from UV, however, he was managing $1 billion in fixed-income assets for American Express. Since then, he has been involved in many prominent deals and has made a major name for himself.In addition to having an educational background in accounting and finance, James Dondero has more than 30 years of experience in the credit market. He is regarded as being one of the early pioneers of Collateralized Loan Obligations, or CIOs. Dondero is a Certified Management Accountant, or CMA, and he has earned the right to use the Chartered Financial Analyst, or CFA, designation. Today, he serves on the board of directors for American Banknote and MGM Studios. He is also chairman of the board of CCS Medical Corporation, NexBank and Cornerstone Healthcare. One thing’s for sure: He always has plenty to do.
Highland Capital Management’s dealings with RAIT have been going on for some time. Ultimately, the alternative asset firm possessed considerable holdings in RAIT Financial Trust. According to filings made with the Securities and Exchange Commission, Highland owned 5.9 percent, or 5,282,377 shares, of the trust. RAIT is best known for its innovative CRE lending platform that provides personalized lending solutions. Highland moved to acquire the fund, but there was back and forth for a while. In early 2017, a cooperation agreement was finally made, and it looks like there is a definite plan in place.What does the plan look like? Essentially, it means this: After the certification of the vote at the 2017 Annual Meeting of Shareholders, RAIT will appoint a new trustee to the Board of Trustees.
This new trustee will be one of two candidates that have been recommended by Highland Capital Management. In this way, James Dondero and the team believes that RAIT and HCM will be able to work and collaborate effectively together. It is believed that the cooperation agreement will strengthen the RAIT board and do a lot of good for a lot of people.It will be interesting to see how things progress with Highland Capital Management and RAIT Financial Trust. With James Dondero at the helm, however, you can be sure that everything will work out perfectly. Dondero has a very impressive track record, including the fact that as Chief Investment Officer of Protective Life’s GIC subsidiary, he grew the firm from a startup to a $2 billion company in the space of just five years. That is just one of many examples of the great successes that have been achieved by the talented Highland Capital Management co-founder and president. Stay tuned for more developments about the cooperation agreement to see what happens next. You can also visit his social media website : https://www.linkedin.com/in/jamesdonderohcm
Timothy Armour is the investment guru who has driven his company to success. Armour is currently the chief executive officer of Capital Research and Management Company,Inc. which is a part of the Capital Group. Armour also serves as chairman of Capital Group Companies Management Committee. Tim Armour has gained more than 32 years of investment experience, all with Capital Group. He originally started at Capital Group as a member of The Associates Program. His investment career with Capital Group began as an equity investment analyst. He covered global telecommunications as well as American service companies and learn more about Timothy.
Timothy Armour is out to protect the investor. He has routinely urged investors to find managers who are actually worth their take. In his eyes most hedge fund managers are lazy and only rely on index funds and no longer do the research necessary to succeed in the market. Armour continues to believe that index funds do not distinguish themselves on business trends. Tim Armour says that a strong financial manager is the only way to succeed in the investment world and what Timothy knows.
Capital Group appointed Timothy Armour as chairman in 2015. As chairman, Tim Armour reached a deal with Samsung Asset Management that together allows them to create retirement solutions. Armour believed this deal will work to create solutions that will fulfill the needs of investors in Korea. As chairman, Tim Armour managed to survive a sudden stock market drop, while others were panicking and more information click here.
Tim Armour earned his bachelor’s degree at Middlebury College. He wrote an article on MSNBC.com where he supported a wager made by Warren Buffett, in which he claimed he could make a lot of money just by buying passive index funds. Armour has been featured on a handful of business magazines and has appeared on several financial news shows on cable. Armour continues to drive this company toward success.
Other Reference: https://www.investing.com/members/201172589
Sawyer Howitt is not your average young man. Even though he is just graduating high school, he has an impressive resume already. He is a Project Manager for the Meriwether Group, contributes to philanthropic organizations, and has customer service experience. Sawyer Howitt, in my eyes, is already an entrepreneur. I am guessing that there are many exciting endeavors in his future, and I will be keeping an eye out for him as an up and coming leader in the field of business start-ups. Sawyer Howitt plans on attending Columbia and graduating with the class of 2022. He says that he would like to engage in a course of studies that enhances his entrepreneurial skills, and mentioned that he might pursue entrepreneurial finance.
What makes Sawyer Howitt such an exciting face in the sea of entrepreneurs? At a young age he is already overseeing and guiding business owners as they travel the entrepreneur’s journey. The Meriwether Group says that entrepreneurs are heros, bringing new and innovative solutions onto the world stage. Sawyer Howitt’s work plays an integral part in this process. As a project manager, his responsibilities include working with clients to better understand their business and then guide them towards success.
The Meriwether group was founded in 2008, by Sawyer Howitt’s father, David Howitt. Sawyer is quickly taking off in his father’s footsteps, and shows a great deal of motivation when it comes to working with his father in the family business. Sawyer Howitt is also an athlete, and brings a keen sense of competition to the team. He is driven to succeed.
Howitt’s hands on experience with customer service comes from work which he has done with Kure Juice Bars. Sawyer Howitt lives in Portland, Oregon. He will attend college in Manhattan. The Meriwether group is based in Portland, and also has an extension office in San Francisco, California. Besides working towards helping his Meriwether clients achieve business success and pursuing his studies, Howitt also plays racquet ball, is an avid photographer, and listens to music. He is a motivated man, highly driven, and has an abundance of opportunities in the years to come.
According to Bloomberg, Brian Bonar is a good example to consider when trying to become a successful entrepreneur. Sometimes, you have to acquire a good vision of the future, make significant decisions, go against what others are telling you, have a lot of dedication and then, by the end, a little bit of luck as well.
But with Brian Bonar, you will learn not to give chances to bad luck. The maximizing effort is the best effort, and there is no such thing as working too much to pursue your dreams.
Being the Chairman and Chief Executive Officer of the investment company Dalrada Financial Corporation, Brian has a special love for finances and the business of capital management. For Brian Bonar, It’s not just about the money, but about making strategies and allies to help other people grow together in a very competitive environment. When Brian Bonar began to succeed in the face of dozens of other prominent personalities in the financial industry, he started to realize what it takes to be successful.
Initially an expert in building design and the real estate market, he quickly saw the potential that he had for the more technical side of financial management. After a few years, he began to study and develop his mind to become prominent in procurement and contract administration.
With a Masters degree in Mechanical Engineering from Stafford University, he had the potential to become a great engineer, but he knew that he had a particular passion for the administration side of the industry, and decided to abandon the easier path of leading the mechanical engineer career to pursue the life of an entrepreneur.
Before making such a drastic decision though, he had a very stable spot at IBM, as a procurement manager who was responsible for the job of outsourcing motherboards for machines that were being sold by IBM. He would then leave this job to be an active engineer at QMS, where he was also in touch with the administration side of the industry, as he had to manage a large team of junior engineers, and administrating a group of 100 professionals is no easy task, but the man managed to do it.
Leading to the foundation of the Dalrada Financial Corporation, he first worked as the Vice President of the Sales and Marketing Sector for the Rastek Corporation, where he began to get in touch with the profession of his future. The marketing industry was his passion, he noticed at Rastek, and suddenly, he realized that maybe it wasn’t too late to get specialized in the sales and financial management market.
After a few years dedicating his best into pursuing the financial manager career, he would then become the President of Dalrada Financial Corporation, a company that he has been with for many years now, steadily growing alongside his customers.
A wedding photographer is one of the professionals every couple must hire for their wedding. A good photographer will not only take good photos during your wedding but they can also help you choose the best spots for your shoots.
At George Street Photo and Video Address Locations, there is a team of qualified and professional photographers who are passionate about weddings. They have high-tech equipment and innovative techniques to make your wedding an experience to remember.
The photographers at George Street have helped couples in New York City and beyond to preserve their wedding memories for many years. They are familiar with various venues in and out of the city which could make for the best shooting space. Additionally, they have various packages for all their clients. They understand that planning a wedding can make you broke and that is why they help you get the most affordable services.
Yanni Hufnagel is the Assistant Coach of the basketball team at the University of Nevada who has just recently made the transition to coaching the Nevada Wolf Pack. That transition has proven to be successful for Hufnagel thus far. Hufnagel grew up in the game of basketball, first reading playbooks as a small boy and acting the scenes out with figurines then announcing games for local high school teams on the local TV stations while he was still in high school himself.
From there he helped as the manager for the basketball team while he studied at Cornell University. While studying at Cornell he got an offer to do a summer internship with the New Jersey Nets. After his graduation, he got a huge chance when to coach as one of the guys on the Nets team got him in touch with an old boss named Jeff Chapel in Oklahoma. Chapel had been looking for a graduate assistant coach for some time. Hufnagel eagerly flew out to Oklahoma to interview and that’s where he was offered the job.
Yanni Hufnagel’s coaching career took off from there. Personally, Hufnagel has earned an excellent reputation in the basketball world as he graduated from Cornell in 2006 and then received his Master’s degree in Adults Higher Education with an interest in Intercollegiate Athletic Administration from Oklahoma. He has coached at some of the best basketball colleges around such as Cornell University, Oklahoma (graduate assistant coach), Harvard University (assistant coach), Vanderbilt, Cal, and now he has most recently been at Nevada.
Yanni Hufnagel has also led the teams he has coached to some incredible success and records during his seasons there. Hufnagel has been coaching college basketball nonstop since his graduation from Cornell University in 2006. He began coaching in 2007 and hasn’t stopped since, which is closing in on 10 years of experience now. In his final season at California he led the Golden Bears to a 23-11 record. Hufnagel led Harvard to 3 20-win seasons, and had a cumulative 90-30 record after 4 years at the helm. Those are just some of the successes he has had as a coach, and the future continues to look bright at Nevada for Hufnagel.
Eric Leftkofsky is an active Philanthropist, successful entrepreneur and co-founder of many organizations. Eric co-founded the Tempus Group, which is a startup that fine tunes cancer treatment and establishes databases for the cause. Eric was motivated personally to start Tempus when his wife Liz was diagnosed with breast cancer. While taking his wife to the Doctor, Eric Leftkofsky noticed there was a lack of data given to the cohort of patients for any given treatment. His goal was to build a database and pathology system that could aggregate data, scrub it, then feed the clean version back to the original source for verification and validation.
Eric has been called a serial entrepreneur because he’s founded and co-founded many successful businesses. He’s the founder of Lightbank venture capital firm. He’s the co-founder and Chairman of the well-known Groupon, (NASDAQ:GRPN), which is global e-commerce marketplace. He’s the co-founder of Uptake Technologies, which is the world’s largest leading predictive analytic platform. He and his wife Liz are the co-chairs of Lefkofsky Family Foundation. The Lefkofsky Family Foundation advances high impact initiatives that enhance the lives of communities in which it serves and learn more about Eric.
Eric is an author of accelerated disruption and an adjunct professor at the University of Chicago. He’s also active serving as the trustee of Lurie Children’s hospital of Chicago. He’s very involved with the Art Institute of Chicago museums of Chicago, the World Business of Chicago and the Museum of Science and Industry. Lefkofsky graduated and received his Juris Doctor from the University of Michigan Law School.
Eric and his wife have generously given financial contributions to many charities. They strongly support the Greater Chicago area with after-school programs with disadvantaged youth and funding scholarship programs. They support organizations for teachers and administrators that seek development tools and resources. His largest donation of $1.2 million has been to the University of Michigan’s school’s Health System. He’s also made donations to John Hopkins, Chicago’s Children Hospital, Cystic Fibrosis Foundation and many more donations throughout the years to other many other charities.
Eric Lefkofsky is definitely a pioneer of his time and he’s a successful entrepreneur that supports and give generous contributions to many charities and his Twitter.