Dick Devos Keeps On Giving


Dick DeVos is a well-known entrepreneur and Republican advocate. Dick DeVos was born in Michigan, and he is the son of the founder of Amway. DeVos went to Northwood University, and he is the husband of Betsy DeVos. Betsy DeVos is the 11th United States secretary of education nominee. Dick DeVos began working in his family’s business in 1974, and he became vice president in 1986. DeVos left the position in 1992, and he greatly helped grow the company during his tenure. Dick DeVos also acquired the MBA Orlando Magic basketball team from 1991 to 2005. DeVos is an individual who has been able to start up or partner many successful businesses.


Mlive.com did an article about Betsy DeVos and Dick DeVos. They lifted the veil on their $139 million dollars in philanthropic donations. Dick and Betsy DeVos are individuals who are dedicated to giving. They are also individuals who focus on all forms of education. In 2015, the DeVos gave more than $3 million for educational causes alone. The DeVos have their own fund that focuses on education and the arts. They are huge advocates for education reform in the US, and the couple’s spending is a direct reflection on the priority that they give to improving education in youth.


The DeVos are individuals who have seen the faults in education. Generally, the educational platform has a one-size-fits-all theory when it comes to public education, and that has failed many youths in the Michigan area and beyond. Since there are so many amazing teachers who work hard with their children, the DeVos want to support a system that gives these educators more support when it comes to effectively helping each and every child.


Five years ago, the DeVos created the country’s first aviation themed charter school. They donated more than $315,000 to that fund, and they also donated the first plane to the school. The DeVos are not just individuals who donate money, but they are also very actively involved in the Gerald R Ford International Airport School. Last year, the school was able to graduate 15 license pilots, and the DeVos are very proud of the hard work of those students.


The DeVos are individuals who are unique in their donating because they have a no strings attached concept to giving. They donate their funds to different foundations that they believe in, and they trust those foundations to divide the money in a way that is ethical and fair. Dick and Betsy DeVos are truly pillars in the world community because they are individuals who are dedicated to helping others to achieve greatness.


How James Dondero’s Highland Capital Management Became A Leader In Credit Market?


James Dondero is a famous and most trusted name in credit & equity market. And due to his prominence in this industry, when he founded Highland Capital Management, he became the leader in this industry. He has over three decades worth of extensive experience in that markets and also the co-founder and first President of HCM. Under his leadership and through his extensive experience, Highland Capital Management deals in many award-winning solutions and products for retail and institutional investors.


He has approximately $19 billion in assets and works with NexPoint Advisors, Acis Capital Management, NexPoint Capital and Residential Trust and much more. Highland has also awarded with -star designation for Morningstar for Global Allocation, Lipper Award from Floating Rate Opportunities, and awarded as the top-ranked Healthcare Short/Long Equity Fund. It’s his talent that people trust him, not because he is a reliable financing specialist but because of James, with his team, works hard for their client’s success.


1984 was the yeas when the legend, James Dondero, started his professional career as an analyst by working in a training program offered by Morgan Guaranty and he graduated in the year from McIntire School of Commerce. His extensive understanding of finance and account is huge because he earned dual majors in these subjects. Dondero is also a Chartered Financial Analyst and Certified Management Accountant.


James’s heavy portfolio can produce big swings in your financial business. The fund of Highland Capital Management ranked top in 2014, and it is expected to rise this year again. Dondero said that they did not want to provide a copy product with muted performance and volatility. James is a lead manager of HSZAX and NHF funds.


James Dondero allocates almost half of the fund to give a boost to different ideas in financing industry, typically less than one percent positions each and with a proper balance for a handful of ideas that are of high-conviction. James said that we expect the bigger themes to drive alpha. He also said that these new ideas might begin start as smaller positions, whereas themes which have played out might progressively graduate to that diversified bucket.