James Dondero and HCM’s Joint Filing Agreements

James Dondero is the CEO and co-founder of Highland Capital Management. He is a highly experienced hedge fund manager and a credit and equity advisor to investors.

According to a joint agreement report issued to the Securities and Exchange Commission, Pendrel Corporation issued a consensus statement to be included in reports filed pursuant to rules 13d- 1(b) and (d) and amendments thereto filed Pursuant to rules 13d- 2 under the Securities Exchange Act of 1934.

According to the joint filing agreement issued on August 04, 2016, the numbers of shares beneficially owned by each reporting person with Sole Voting Power were 0. Those owned by shared voting power were 13,906,755 while those shared with dispositive power were 13,906,755.

Schedule 13G
Schedule 13G was filed on behalf of Highland Management, Strand advisors, and James Dondero. They are the reporting persons.

James Dondero, the president of Strand Highlight capital, will be the general partner or investment advisor to certain private funds and managed accounts. The schedule is in line with the Class A common stock, whose par value is $0.01 per share of Pendrell Corporation. The shares are held by HCM funds, other private funds, managed accounts advised by Dondero, and trusts owned by him.

Reporting persons should check whether the entity filing the agreement is either one of the following:
• A registered broker or dealer
• Bank
• Insurance company
• Registered investment company
• Savings association
• A group

Reporting persons should sign the agreement after ensuring that the report is issued by authorized persons classified in SEC rules and regulations. Before signing the joint filing agreement, persons involved should also ensure that the information given is complete and correct.

Ownership of the shares
Highland capital and Strand are the beneficial owners of the 13,906,755 shares held by HCM funds. Dondero is the owner of the 23,568,047 shares of Common Stock owned by the Funds and the Trust.

Highland Capital and Strand are the beneficial owners of the 6.5% of the outstanding common stock.

Highland Capital has long served as an advisory organization that provides credit-oriented solutions to investors worldwide.

Source: http://www.reuters.com/article/idUSFWN1AQ110

Additional Links on James Dondero:

http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/

https://www.crunchbase.com/person/james-dondero

http://www.bloomberg.com/research/stocks/private/person.asp?personId=2159086&privcapId=37846394

1 thought on “James Dondero and HCM’s Joint Filing Agreements”

  1. The shared power to vote and dispose of the 13,906,755 shares will be upon Highland Capital and Strand. Mr. Dondero is the beneficial owner of 11% of the outstanding common stock. I would have loved to say that to buy college research papers should be the one thing that most people are expecting and it’s working out really well.

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