What to Know About the Cooperation Agreement Between James Dondero, Highland Capital and RAIT

There is a great deal of confusion out there about the recently approved cooperation agreement between Highland Capital Management and RAIT Financial Trust. As noted in the news, the cooperation agreement involves the appointment of two new trustees to RAIT’s Board of Trustees. These will be candidates who have been recommended by Highland Capital. James Dondero, president and co-founder of Highland Capital, has played an instrumental role in the situation. Therefore, to understand the story better, it helps to know more about Dondero and his fascinating career. You will then understand that the portfolio manager and president has more than enough experience and knowledge to navigate the situation effectively.As noted in the news, Highland Capital reported its holdings with RAIT Financial Trust to the Securities and Exchange Commission, or SEC, in November. The company disclosed that it owned almost 5.3 million shares, which is equal to around 5.9 percent. At the time, 115 investors owned shares of RAIT Financial Trust. RAIT is a real estate investment trust, or REIT. It offers a full-service commercial real estate lending platform that provides custom solutions. With the cooperation agreement, RAIT will appoint a new trustee who has been recommended by Highland Capital after the certification of the vote from the 2017 Annual Meeting of Shareholders.

As a part of the agreement, Highland Capital and its affiliates will vote their shares in support of electing a slate of trustees that has been recommended by RAIT at its annual board meeting. James Dondero and other senior members of the Highland Capital team are excited about this collaboration and believe that it will bring about many positive developments. It should also be noted that RAIT is required to appoint another recommended trustee within 120 days of the cooperation agreement.James Dondero founded Highland Capital Management with Mark Okada in 1993. He had already established a name for himself in the industry when this occurred. Dondero graduated with high honors from the University of Virginia in 1984. He earned a bachelor of science with a double major in finance and accounting from the McIntire School of Commerce. From there, he served as an analyst for the Morgan Guaranty training program. Next, he served as a corporate bond analyst for American Express, retaining that role from 1985 until 1989.

In 1990, Dondero and Okada embarked on a joint venture with Protective Life Insurance Corporation. Their initial efforts resulted in the founding of PAMCO–Protective Asset Management Company. PAMCO continued to be largely owned by Protective Life for some time. In 1997, however, Dondero and Okada bought the rest of the shares. The following year, they dubbed the new enterprise Highland Capital Management. The alternative investment management firm has been a pioneer in the industry from the very beginning. Most notably, James Dondero and his team are considered to be pioneers of the CLO, or collateralized loan obligation, market. Today, Highland Capital manages more than $18.7 billion in assets and is one of the biggest and most experienced alternative credit managing firms in the world. Independently owned and based in Dallas, Texas, the company also has offices in Seoul, Sao Paolo, New York City and Singapore.

James Dondero helped to achieve the cooperation agreement between Highland Capital and RAIT Financial Trust by putting his skills and experiences to work. In addition to having more than 30 years of experience in the credit and equity markets, Dondero currently serves as chairman of the board for Cornerstone Healthcare, CCS Medical Corporation and NexBank. He is also on the Boards of Directors of American Banknote and MGM Studios. Considering his extensive experience and credentials, it is surprising to most people that he is only 54 years old.How will the cooperation agreement between Highland Capital and RAIT pan out? All parties involved are very optimistic, but nothing will be certain until the vote occurs and the appointments are made. Given that portfolio manager James Dondero is involved, however, odds are that things will go very well for everyone. Without a doubt, this won’t be the only development involving Dondero and Highland Capital this year, so be sure to stay tuned for more information.

Igor Cornelsen: The Investing Guru of Brazil

Igor Cornelsen is an avid investor and a retired banker in Brazil. He is an expert in commodity, foreign exchange investment, and the stock market. Igor presently works with the Bainbridge Group in a consultancy capacity. Cornelsen rose to popularity in Brazil when he made it to one of the country’s top bankers. He managed some of the largest banks in the country and assisted in running a significant percentage of the nation’s entire gross economy.

Investing Tips from Brazil’s Igor Cornelsen

Igor advises that if people want to be successful investors on, they have to start as soon as possible. He says that time is a crucial element for most investments and one should start investing as soon as possible. He also says that although some opportunities may look satisfactory on Tripod.com, there is always a potential risk accompanying them. The good thing is that such risks can be reduced to hedge one’s investment and ensure profitable returns.

Cornelsen says that one of the primary rules of investing is making sure that one doesn’t lose money. Diversifying one’s portfolio is important for an investor for it helps them reduce risks. By expanding one’s portfolio, an investor increases their ability to get more revenue from different sources. Getting an adviser before investing is important because one can get a solid understanding of how to invest at http://igorcornelsen.tumblr.com/.

The Benefits of Investing

Through investing, people can make their money work for them instead of just keeping it in the bank. Today, it is no longer feasible to depend on a monthly salary and wait for a pension after retiring. Moreover, investments have the ability to outperform inflation, unlike shares which have to earn a rate of return after tax that is larger than the rate of inflation according to Lulu.

Making a wise investment allows one to earn high returns on their investments, which they can use to re-invest or save. Also, long term investments on LinkedIn are suitable for people looking to safeguard their retirement years and live comfortably. Cash is unlikely to deliver long-term returns; that is why investment advisors like Igor Cornelsen insist on concentrating on long-term investments as opposed to short-term ones.