Even though investment banking in general has come to be a taboo word, or at least a dirty subject that not many people want to associate with, the fact of the matter is investment banking truly is a major player in why our world is the way it is. That is a good thing as well. Investment banking might be known for a few of the criminals who have brought shame to the financial world as of recent, but at the end of the day the world of investment banking is a long and proud one that has granted unimaginable wealth, jobs, ideas, and opportunities to countless individuals worldwide. In short, the investment banking you have heard about probably doesn’t even come close to the truth.
In short, an investment bank happens to be an institution that helps with raising capital and/or issuing securities. There truly is a lot of red tape to navigate, and the underwriting process is a fairly significant one at that. Investment banks have also gone into other sub items like mergers and acquisitions, and they have even gone to the complicated world of derivatives and equity securities to name a few. In short, there are a great deal of financial instruments out there that the average consumer doesn’t even understand. However, the professionals of investment banks truly help to bring multiple parties together in order to grow wealth for all involved.
The most well known (or well understood) side of investment banking happens to be that of corporate finance. It is not only the most traditional, but it is also one that everyone sees probably every single day. The big corporations that help companies to raise capital, negotiate mergers and acquisitions, and even allowing investors to subscribe to new securities being issued are some of the most important items to note. These are items that happen each and every day and without them hundreds of thousands (if not millions) of people would lose out on countless amounts of wealth.
One popular fund manager who is starting to gain popularity within the investment banking field is James Dondero, CFA, CMA and the Co-Founder and President of Highland Capital Management. The importance of having a strong and experienced leader in an investment banking position is one that cannot be overstated. Not only does the leader have to have significant experience to deal with both the financial and the legal hurdles that can come about constantly, but the individual must have the intelligence to know what the best course of action is in an ever changing financial world. With over thirty years of experience, James Dondero has made a name for himself as a hardworker from the ground up.
The co-founding of Highland Capital management may appear as the beginning of his stardom to onlookers, but to anyone in the finance world, they know that James Dondero has long been a major player in the investment banking arena. Highland Capital Management is one of those companies that makes you rethink investment banking, and James Dondero is no doubt one of the reasons why.