Understanding the Highland Capital-RAIT Financial Trust Agreement with James Dondero

At its upcoming 2017 Annual Meeting of Shareholders, RAIT Financial Trust will appoint a new trustee to its Board of Trustees. The new trustee will be someone who has been recommended by Highland Capital Management, which is helmed by 54-year-old portfolio manager James Dondero. This story has received a lot of coverage, and a lot of that has to do with the fact that Dondero is involved. With more than 30 years of experience and success in the credit and equity markets, Dondero is the kind of person who tends to make waves wherever he goes. Learn more about the cooperation agreement that he has reached between Highland Capital and RAIT by reading on below.Before taking a closer look at the aforementioned cooperation agreement, let’s back up a little. To better understand everything, it helps to have some knowledge of the background of not only the companies involved but of James Dondero as well. Dondero was born in Hoboken, New Jersey. He was always a hard-working student, and he attended the University of Virginia during the early 1980s. He graduated from UV’s McIntire School of Commerce in 1984 with high honors and a dual major in finance and accounting. Needless to say, he came away with the educational credentials that he needed to hit the ground running.

In 1984, James Dondero took his first job in the industry as an analyst in the Morgan Guaranty training program. Just a year later, he started on as a corporate bond analyst for American Express. During his time there, he managed around $1 billion in fixed-income funds for the corporation. From 1989 to 1993, Dondero established Protective Life’s subsidiary, GIC, growing it from a startup to a company that was worth more than $2 billion in just five years.Everything really changed for James Dondero in 1993 when he founded Highland Capital Management with Mark Okada. Originally, the alternative asset firm was based in Los Angeles. For a variety of reasons, including tax purposes, the founders relocated the firm to Dallas, Texas, where it has remained ever since. Highland Capital stands out in many ways. Its primary focus is on high-yield and distressed investing. The company really made a name for itself as a pioneer in the CIO, or Collateralized Loan Obligation, market. As a result, James Dondero is closely associated with CIOs and is vastly knowledgeable about them.

In November 2016, Highland Capital disclosed information about its holdings in RAIT Financial Trust to the Securities and Exchange Commission. At that time, the alternative asset firm held around 5.9 percent of the trust’s outstanding common shares, which was equal to nearly 5.3 million shares. RAIT, a national direct lender to owners of commercial real estate, or CRE, offers a full-service CRE lending platform that produces customized lending solutions for its clients. In May, RAIT entered into a cooperation agreement with Highland Capital in an attempt to sort out the issues regarding the Board of Trustees.Because of the cooperation agreement, Highland Capital Management and RAIT Financial Trust will collaborate and work together.

When everything is said and done, two new trustees who have been approved by Highland Capital and James Dondero will join the board. The first one will be appointed after the certification of the vote that occurs at the 2017 Annual Meeting of Shareholders. Within 120 days of the agreement, a second trustee will be appointed and will join the board. Meanwhile, Highland Capital and its affiliates have agreed to vote their shares to support the election of a slate of trustees that has been recommended by RAIT’s board during its annual meeting.While much of James Dondero’s time is spent focusing on Highland Capital and its activities, he is involved with many other organizations as well. A certified management accountant and chartered financial analyst, Dondero serves on the Board of Directors of American Banknote and MGM Studios. He is also the Chairman of the Board of CCS Medical Corporation, NexBank and Cornerstone Healthcare. He and his team at Highland Capital are optimistic about the recent agreement with RAIT. It will be interesting to see what comes out of their collaboration. No matter what happens, you can be sure that James Dondero will handle everything strategically.

Tim Armour A Strong Economic Leader In America

Warren Buffett is betting $1 million that he can make better investment returns than a group of experienced hedge fund managers, by only investing in S&P 500. The bet will be decided and if he wins, the $1 million will go to charity. Mr. Buffett has been a strong supporter of bottom-up investing. Buffett is dedicated to making Americans aware that they need to save more for retirement and become investors.

Buffett recommends low cost investments that are bought and held for a lengthy term. Warren Buffett has spent his life rigorously examining companies and building a lengthy portfolio. While nobody can predict the future, focusing on low expenses and high manager ownership can help find premiere fund managers.

Timothy Armour is a equity portfolio manager in Los Angeles. He has 32 years of investment experience at Capital Group. Armour earned a bachelor’s degree in economics from Middlebury College. He previously was employed as an equity investment analyst at Capital Group, where Tim Armour covered global telecommunications and American companies.

When it comes to the U.S. economy, Armour believes it is not growing as strongly as many expected it to be. China’s economy was the only one to remain strong during the financial crisis.

Madison Street Capital – strong international investment banking firm

The awards are not the unknown factor for this firm that is fully committed to integrity and above all to the leadership category. In the global marketplace, Madison Street Capital is in the raise for the position No.1. If you wonder what are its services, then, carefully take a look on the next lines.

This powerful international investment banking firm offers its services in the following categories: acquisition expertise, highly recommended financial opinions and many others that you can find on benzinga.com.

The client’s goals become Madison Street Capital’s goals

A team of experts that are the part of the Madison Street Capital will give 100% of their energy, talent, creativity, positive energy and reliability to satisfy each client’s preference and wish. Their experience and excellent knowledge are the reason why this firm has become one of the top leaders in the world in its business area. Responsibility is the key factor that differences this international investment banking firm from dozens of others that unquestionably belong to a lower level of quality.

Madison Street Capital hires and maintains only the highly recommended professionals who know their job and for who the client’s goals will become Madison Street Capital’s goals. This is what are we looking for -the 100% dedication not only to work but to client’s goals as well.

Definitely No.1

Madison Street Capital is the right choice because they have on their side professionals who know that careful made analysis and precisely created recommendations are the key factor in this business field. For any business owner who is looking for acquisitions or who simply wants to work on business selling, this firm with a history is a right choice. If you are seeking for financial opinion services don’t hesitate to contact them and ask for appropriate capital analyzes or any other question that interests you.

It is not all about money

Sincerely dedication to work and endless passion are not the only way to describe Madison Street Capital. Above all, they seek for a way to help the others to become more successful, so it is very important to mention that in this firm it is not all about money, because they are giving philanthropic support to many smaller companies and associations, who need help. They are not on the local level, it is totally the opposite way – Madison Street Capital are creating a new type of strong international banking field of business, where isn’t all about money but respect and philanthropic dedication come first.

How CCMP Capital Will Improve Your Financial Situation

Want to get a realistic look at some of the best investment strategies, products and services available in the up or down market? You are safe when you are in the hands of CCMP Capital. This investment banking firm that provides a wide range of services like investment plans, retirement plans, mergers, acquisitions and underwriting, was founded by Stephen “Steve” Murray who was a pioneer in private equity investment and a long-time well-known philanthropist. Unfortunately, the company lost this great financial icon in 2015.

The challenges of today’s economic environment are many. They are far beyond volatility in stock market. Things have changed dramatically in the worlds of investors, housing, credit as well as employment. All these areas need experts who can guide the clients in the right direction. One such team of experts on NY Post is found at CCMP Capital. And while the events that are happening the market will certainly affect investors, they are much safer when they are guided by these experts.

There are numerous venues to invest – stocks, bonds, real estate, mutual funds, savings, deposits, and so on. Then there are numerous finance and tax-related solutions to learn that will help you weather the economic storm. Through CCMP Capital, you will be able to get a hold of these topics. Filled with in-depth insights and advice, these experts teach you essential strategies that will let you see through the current market and help handle key aspects of financial life. The experts will help you invest for today’s market and protect your savings. They will handle any financial issue, manage every detail on your portfolio and help you reach goals within a given time-frame.

Stephen Murray CCMP Capital will also help you discover essential financial programs and regulations that have been in the market for years but were overlooked by other investment experts and firms. While you may have concerns about the current state of economy, their proven strategies are time-tested and adaptable for any situation. The firm is a well-recognized expert for businesses as well. It has been featured in many media outlets and hosted in a number of financial shows. Using smart strategies through Stephen Murray CCMP Capital including maximizing your profits to which you are entitled can get you through any time. Through the firm, you will find ways to get more income from investment and savings, reduce debt, avoid catastrophe and do many more things that will secure your future. You will also have learned to create safeguards that will protect you from future bad economies. You will have learned rules and regulations of investments that impact just about every aspect of your financial portfolio. Throughout the process you will find resources that you can learn and use more.