The Controversy of Niranjan Shah

President Barack Obama, back in 2009, had invited Professor Henry Louis Gates Jr., and the policeman who had arrested him in order to form some reconciliation over an incident that happened at his house. This incident was that he arrived at his own home and was arrested as a potential burglar.

It seems like great men are always having some sort of struggles that lead to controversy.

The Governor and Trustees Controversy

The controversy regarding the University of Illinois was about favoritism. Commissioners were sure to not allow it to be a witch hunt. One of the trustees that were part of the great land grant university is Niranjan Shah. As the new Chair, he took a lot of heat. But here is what is known.

Niranjan Shah has never charged for work not done. He has integrity. He has had tens of millions in government contracts for his engineering job, but has never performed a bad job. It is known publically that he has been a very generous contributor. He is open about this. But, there is no correlation between his contributions and the size of his contracts.

He has also never been known to pressure people for a contract. His only wish is to not discriminate. He has never paid to play.

The Downside of Greatness

The downside is even a great man can make mistakes. Although there were only a handful of mistake in a handful of cases, Being the chairman of the trustees has been one of his proudest achievements. One of these mistakes one case for his future son in law. His son in law was first in his class at Oxford (United Kingdom).

His personal health required that he resigned, but he should be respected for his many contributions to promoting excellence. It is no easy task to deal with the University of Illinois and it is not a sign of weakness that he resigned. He has been revered and appreciated for his efforts.

Read more about Niranjan Shah here

James Dondero Builds Highland Capital Management Into Global Alternative Asset Manager

Highland Capital Management is a retail and institutional investment firm based in Dallas, Texas. It offers investors “Open-End Mutual Funds” and “Exchange Traded Funds (ETF)”. These are invested in a range of alternative asset classes. The funds are managed through its subsidiary, Highland Capital Management Fund Advisors, L.P.

The Highland Capital platform was established by James Dondero and Mark Okada in 1993. The first asset they traded was leveraged loans. Other assets classes it now trades include real estate, structured credit, high yield credit, public equities, fixed income, special situations, and private equity. See Related Link for more information.

Highland Capital invests globally with many of its investment strategies including assets in developing markets. Other cities Highland Capital Management has offices in beside Dallas include Singapore, Seoul, Buenos Aires, and Rio de Janeiro.

Highland Capital Management invests in communities as well. It operates a philanthropic arm that has provided money to support education, families, civic institutions, and military and veterans initiatives. Organizations it has provided funds to include the Dallas Zoo, Education is Freedom, The Family Place, Capital for Kids, the Perot Museum of Nature and Science, and the SMU John Goodwin Tower Center for Political Studies Dedman College.

James Dondero has been in the financial industry since the early 1980s. He has vast experience working in credit and equity markets. His specialties include distressed investing, collateralized loan obligation (CLO) and high yield credit. He was one of the CLO market pioneers in the 1990s. Other products James Dondero has developed at this company include REITS, hedge funds and private equity funds. Click Here for more information.

His career started when he was hired as an analyst by JP Morgan in 1984. He later worked for American Express and the GIC subsidiary of Protective Life. He is a graduate of the University of Virginia where he earned degrees in accounting and finance.


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