DALLAS, July 31, 2014 – Highland Capital Management, a Dallas-based investment management firm, which together with its affiliates has approximately $19 billion in assets under management, announced today that it claims compliance with the Global Investment Performance Standards (GIPS®) and has been independently verified for the period of January 1, 2009 through December 31, 2013.
The GIPS standards are a rigorous set of investment performance measurement principles, which have been adopted in 37 countries and recognized around the world for their unparalleled credibility, integrity, scope, and uniformity, all enabling direct comparability of a firm’s track record.
“Transparency and integrity are two of the most important things people look for when investing money,” said Mark Okada, CIO and Co-Founder of Highland Capital Management. “GIPS compliance and verifications provide just that and truly shed light on the companies who are fully committed to open and honest investing and reporting.”
Highland was independently verified for the period January 1, 2009 through December 31, 2013 by ACA Performance Services, LLC. To achieve this goal, Highland separately engaged the consultation services of Guardian Performance Solutions LLC.
“As the new global standard for presenting performance history, it is imperative that investment firms comply with the requirements of the GIPS standards,” said Theresa Pope, Director of Consultant Relations at Highland. “We’re extremely proud to be able to claim GIPS compliance as it further proves Highland’s commitment to open and transparent communication.”
About the GIPS® Standards
The GIPS standards are a set of standardized, industry-wide ethical principles that provide investment firms with guidance on how to calculate and report their investment results to prospective clients. The GIPS standards have been adopted in 37 countries and are recognized around the world for their unparalleled credibility, integrity, scope, and uniformity, enabling direct comparability of a firm’s track record. The GIPS standards were created and are administered by CFA Institute, the global, not-for-profit association of investment professionals that awards the Chartered Financial Analyst (CFA) designation, among others.
About Highland Capital Management
Highland consists of Highland Capital Management, L.P. and its affiliated advisers including Acis Capital Management, L.P., Falcon E&P Opportunities GP, LLC, Granite Bay Advisors, L.P., Highland Capital Healthcare Advisors, L.P., Highland Capital Management Fund Advisors, L.P., NexPoint Advisors, L.P., PetroCap, LLC and Tunstall Capital Management, L.P. Highland Capital Management, L.P. and its affiliated advisers are each separately registered with the U.S. Securities and Exchange Commission (SEC). As a global alternative credit manager, the Firm specializes in credit strategies, such as credit hedge funds, long‐only funds and separate accounts, distressed and special situations private equity, and collateralized loan obligations (CLOs). The Firm also offers alternative investments, including emerging markets, long/short equities, and natural resources.
Highland Capital Management claims compliance with the Global Investment Performance Standards (GIPS®). For a copy of a presentation that complies with the GIPS standards and/or the firm’s list of composite descriptions, please email GIPS@highlandcapital.com.