Jeffry Schneider is the CEO of a Texas based invest firm; Ascendant Capital LLC. After graduating from the University of Massachusetts, he has worked with several financial firms which include; Paradigm global advisors, Alternative investments and Axiom capital management. Over the years, he has gained a lot of professional skills and experience which has enabled him to form deep relationship with clients.
Since Jeffry Schneider started his own adventure, he has brought rapid growth to Ascendant Capital. In fact, the number of employees has grown from 2 to more than 30. In addition; he has worked with his team which has seen the firm raise more than $1 billion in a period of five years. Currently, the firm has hundreds of investment advisors, several broker dealers and family offices. Despite this huge achievement, Jeffry and his team are committed to taking the company to greater heights.
He believes the secret behind his success is operating with transparency, having an open dialogue and building trust among the team members. Further, he says he has always given investors a top priority in the firm. Today, Ascendant Capital is one of the most reputable investment firms in Texas. Having achieved a lot in the investment sector, he works with a number of charitable organizations like Cherokee Home for Children, Wonders and Worries and God Loves We Deliver to help the needy and the less fortunate in society.
Jeffry Schneider loves to keep fit having participated in several marathons. Likewise, he is disciplined to taking a healthy diet. He also loves to travel and explore the world. On the other hand, he is a proud father and a husband. Today, he resides in Austin, Texas with his family.
More visit: http://jeffryschneidertravel.com/
According to a new SEC filing, Highland Capital Management has stepped up its position in Nexpoint Credit Strategies Fund (NYSE:NHF). The Texas-based company specializes in structured investments, fixed income, public equity and distressed investment funds. The corporation, whose value is about $2.44 billion, has now 793,036 shares of the new company, which is equal to 5.0 percent of the outstanding common stock. James Dondero, Highland’s manager, owns 3 million shares of Nexpoint Credit Strategies, accounting to 18.8 percent of Nexpoint’s total float.
As at the end of the third quarter of 2016, Highland Capital bought 20,286 new Nexpoint’s shares worth $11.68 million. This makes Highland the second largest stakeholder after Morgan Stanley. Morgan owns more than $16.77 million worth of Nexpoint’s stock. Nexpoint Credit Strategies Fund (NYSE:NHF) is a Closed-end Fund, which has remained among the top 10 percent of Closed End Funds after beating the S&P 500 and other bond indices. The fund seeks to invest in “below investment grade debt” and equity that can hedge risks in order to appreciate its income and capital. Nexpoint’s Credit portfolio is valued at approximately $600 million, including leverage and $382 million in assets.
About James Dondero
James Dondero is the co-founder and president of Highland Capital Management. For over three decades, Mr. Dondero has gained immense experience in the fields of credit and equity markets. He has largely concentrated on distressed and high-yield investing. James Dondero has used his vast experience to lead Highland to higher levels in the industry. Highland became the first company to establish the collateralized Loan Obligation (CLO) market and other services, including credit-oriented solutions.
Mr. Dondero enrolled in the University of Virginia, McIntire School of Commerce where he graduated with the highest honors in Accounting and Finance. He started working as an analyst in the Morgan Guaranty training program in 1984. He worked for American Express as a corporate bond analyst. Later, he served as a portfolio manager before working for Protective Life where he helped to build its subsidiary, GIC from scratch to a firm worth over $2 billion in asset. He is an active philanthropist considering that he has supported numerous initiatives in public policy, education and veteran’s affair.