James Dondero And Nate Burns – NexPoint Capital, Inc. Portfolio Managers

James Dondero

Co-Founder, President

James Dondero

Co-Founder, President

For more than 20 years, James Dondero has served as Highland Capital Management’s president and co-founder. Under his leadership, along with co-founder Mark Okada, Highland became an early pioneer of the syndicated bank loan asset class and collateralized loan obligations (CLOs). The company’s investments have spanned a diverse spectrum that range from publicly traded large capitalization companies to small, privately held firms and distressed entities in need of repositioning.

Jim Dondero’s experience before Highland includes raising and managing $2 billion in assets for a GIC subsidiary of Pacific Life from 1985 to 1989. Jim Dondero was also responsible for managing $1 billion in fixed income funds for American Express from 1985 to 1989.

James Dondero also actively serves on several Boards of Directors, including MGM Studios. Additionally, he is Chairman of the Board for NexBank, Cornerstone Healthcare and CCS Medical Corporation.

Jim Dondero is a Beta Gamma Sigma graduate of the University of Virginia with concentrations in Accounting and Finance. James Dondero currently holds the designation of Certified Management Accountant and has been a Chartered Financial Analyst since 1987.

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

Managing Director

Mr. Burns is a Managing Director at Highland Capital Management, L.P. 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.

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.

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