NexPoint is a leading alternative asset manager with a longtime focus on the healthcare sector. Across the platform, NexPoint and its affiliates manage healthcare assets in the form of institutional funds and mutual funds.

NexPoint Capital is managed by James Dondero and Nate Burns. Read more about the portfolio managers below.

James Dondero

James Dondero

Co-Founder, President

James Dondero is the co-portfolio manager of NexPoint Capital, overseeing the business development company’s investment strategy alongside Nate Burns.

Mr. Dondero is the president of NexPoint Advisors, L.P., which serves as the BDC’s sponsor. He is also the co-founder and president of the multibillion-dollar alternative investment firm Highland Capital Management.

Mr. Dondero has over 30 years of experience investing across asset classes and managing portfolios for a range of investment vehicles. Under Mr. Dondero’s leadership, Highland’s investment platform has evolved, building on its initial focus in high-yield credit to expand into other areas, including real estate, private equity and special situations, and other alternative segments.

Mr. Dondero serves as the chairman of NexBank Capital, Inc., Cornerstone Healthcare Group Holding, Inc., and CCS Medical, Inc., and serves as a board member at MGM Holdings, Inc. and Jernigan Capital, Inc. (NYSE:JCAP).

A dedicated philanthropist, Mr. Dondero actively supports initiatives in education, veterans’ affairs, and public policy. He is a member of the Southern Methodist University Cox School of Business Executive Board and the George W. Bush Presidential Center Executive Advisory Council.

Prior to founding Highland in 1993, Mr. Dondero was involved in creating the GIC subsidiary of Protective Life, where as chief investment officer he helped take the company from inception to over $2 billion between 1989 and 1993. Between 1985 and 1989, Mr. Dondero was a corporate bond analyst and then portfolio manager at American Express. Mr. Dondero began his career in 1984 as an analyst in the J.P. Morgan training program.

Mr. Dondero graduated from the University of Virginia where he earned highest honors (Beta Gamma Sigma, Beta Alpha Psi) from the McIntire School of Commerce with dual majors in accounting and finance. He has received certification as a Certified Public Accountant (CPA) and a Certified Managerial Accountant (CMA) and has earned the right to use the Chartered Financial Analyst (CFA) designation.

Nate Burns

Managing Director

 

Nate Burns is the co-portfolio manager of NexPoint Capital. He also serves as a managing director at Highland Capital Management and oversees healthcare investment activities across the Highland platform.

Prior to joining Highland, he was an associate at Ripplewood Holdings, a global private equity firm focused on control-oriented buyout, distressed, and special situations investments across a variety of industries. At Ripplewood, Mr. Burns was responsible for sourcing and executing investment transactions, as well as actively leading portfolio company operational and financial restructuring initiatives.

Prior to joining Ripplewood, he was an analyst in the Global Technology Mergers & Acquisitions group at Lehman Brothers.

Mr. Burns received a B.S. in analytical finance and economics, summa cum laude and Phi Beta Kappa, from Wake Forest University and an MBA, with Dean’s Honors and Distinction, from Columbia Business School. Mr. Burns is a holder of the right to use the Chartered Financial Analyst designation.