Highland Capital Management has hired former Loomis Sayles executive Jeff Seaver as managing director responsible for further developing institutional investor relationships, particularly with U.S. pensions and insurance companies.
Seaver will be based at Highland’s Dallas, TX headquarters and will report to Jess Larsen, managing director and head of institutional sales for Highland. He will also execute on Highland’s global growth initiatives related to new products, fund formation, strategic partnerships and asset gathering, according to a press release.
Prior to joining Highland, Mr. Seaver served as managing director, EMEA at Loomis Sayles and as co-head of the Loomis Sayles’ London office. Earlier in his career, he was Partner and Head of Institutional Sales at Harris Investment Management and in sales and client service for Nuveen, where he began his career in 1994.
“Jeff’s high-caliber skill set and relationships will allow us to deliver even better solutions to the U.S. pensions and insurance markets while continuing to accelerate market-share growth,” said Larsen in a statement.
Highland is on a hiring spree. Seaver’s appointment comes just days after the company announced the hiring of Terry Jones to head up its institutional products business, and three weeks following the appointment of Patrick McDaniel as national sales manager for its independent broker-dealer channel.
Highland was founded in 1993 by by Dondero and Mark Okada. Together with its affiliates, the firm has approximately $21 billion in assets under management. The company specializes in credit strategies, such as credit hedge funds, long only funds and separate accounts, distressed and special situation private equity, and CLOs. Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources.
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