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.

Philip Diehl, the U.S. Money Reserve and Exemplary Customer Service

Philip Diehl in the past served as the United States’ Mint Director. At the moment, he is the  US Money Reserve President. He answered questions for an interview with Enterprise Radio on the Entrepreneurial Podcast Network.

Diehl’s interviewer was Eric Dye, the program’s host. The goal behind Enterprise Radio is to help prominent executives, small business owners and dedicated entrepreneurs who want to tell the world all about their newest offerings.

Examples of these kinds of offerings can include techniques, anecdotes from “real life,” services, products and inventions.

Diehl talked about an abundance of different subjects during the Q&A session. He talked about how he became a leader in his career. He talked about the gold market and the direction he thinks it’s going to take. Learn more about US Money Reserve: https://www.usmoneyreserve.com/why-usmr/ and https://www.usmoneyreserve.com/shop/.

Many people consider Diehl to be among the best United States Mint Directors of all time. He was the individual behind achievements such as the 50 States Quarter Program, for example. He was also behind the development of the platinum coin.

When Diehl was on Enterprise Radio, he remembered how the U.S. Mint changed while he was working there. He said that the agency initially was quite a confused organization. He also said that he (along with the help of some other key individuals) worked to transform it in a big way.

The U.S. Mint with a little time and hard work became a genuine entrepreneurial entity. The agency worked hard to strengthen its customer service policies. It worked hard to achieve better customer satisfaction as well.

Since Diehl at the moment is the U.S. Money Reserve’s president, it’s no surprise that he’s happily adopted the entrepreneurial concepts that worked so well for him at the U.S. Mint. Learn more about US Money Reserve: Why Buy Gold and Buy Gold Bullion Coins & Bars

He also remains 100 percent loyal to customer service and customer satisfaction. The U.S. Money Reserve is among the nation’s biggest coin, bar and bullion distributors.

The U.S. Money Reserve was established in 2001. It was created by a group of seasoned gold market gurus. The staff at the U.S. Money Reserve is made up of more than 100 capable and competent team members.

Examples of these team members are business support, inventory, sales verification, numismatic, shipping, compliance and coin research aficionados.

What to Know Before Investing in Brazil

Igor Cornelsen is a former Brazilian investment banker who worked for some of the most prominent banks in the country. Currently, he’s involved with Bainbridge Group, a firm which assists small to mid-sized companies with financing, and Igor Cornelsen also provides advice related to business structure and plans as well as employee policies and procedures.

These actually differ based on types of transactions performed. When it comes to repatriation of funds from Brazil, investors like Igor Cornelsen need to be well aware of what they can do and at which exchange rate.

There’s indeed a lot of red tape. Navigating Brazilian bureaucracy can be confusing and complex. But, those looking to do business in this large market need to adjust. A good way to do it is by connecting with the local entrepreneurs as they can assist with various aspects of doing business in this Latin American country. More at https://www.resume.com/igorcornelsen

The partners need, of course, be reliable. Therefore, it may take some time and effort, as well as plenty of background checking, to team up with right people to do business in Brazil. 
Source: http://www.houzz.com/user/igorcornelsen

The Release of Madison Street Capital’s Fourth Edition of the Hedge Fund M&A Overview.

Madison Street Capital, which is one of the top global investment banking companies in the financial services sector launched the 4th publication of its hedge fund business M&A summary. The overview consists of transactions that were carried out and M&A openings. According to reports from the company, forty-two hedge fund arrangements were either announced globally or sealed in 2015, which is more than the thirty-two deals that were made in 2014. There was also an increase in the number of business transactions by 27 percent in 2015 than in 2014. 2016 is likely to have a good record regarding hedge fund M&A deals, and various factors determine this including the risen number of transactions made in 2015’s fourth quarter.

The summary of Madison Street Capital’s report states that despite an average result from many hedge fund plans in 2015, the assets in the hedge fund sector are higher than they have ever been. Many institutional shareholders have kept making more investments in the alternative wealth management industry and have high hopes of making the expected profits for them to be at par with the growing liabilities. This happens even though there is a low hedge fund performance. Administrators of small hedge funds are running their activities below the ideal portfolio ability level since they are under pressure to attract new capital. In general, managers currently encounter rising costs of operating and a descending pressure on fees. The managers of hedge funds are made to consider tactical options by these factors.

According to Madison Street Capital LLC’s Senior Managing Director, Karl D’Cunha, the hedge fund sector’s transactions atmosphere was robust in 2015 and is likely to be better in 2016. Different types of transaction mechanisms are being used to adapt both buyers and sellers and apart from the typical M&A, deals are being organized as revenue-share stakes, incubator deals, PE bolt-ons. PE stakes and much more. The divide hedge fund sector will keep on experiencing solidification in particular opportunistic affiliations that overpass supply to product contribution. More information about the overview can be found on a similar article on the PR.com.

Madison Street Capital is an investment banking company, which is devoted to excellence, integrity, service and leadership in offering merger and acquisition skills, financial opinions, financial advice for businesses, and estimation services to privately and publicly owned companies. The firm’s services help its clients to be successful in the international market. Madison Street Capital considers the developing markets as the primary factor that powers global progress of its customers and keeps on emphasizing on markets. The company delivers high-quality services, and this has helped in earning the trust of clients. Madison Street Capital has branches in Africa, Asia, and North America.

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