In a strategic move to better unify research, risk management and investment processes across a single investment platform, Highland Capital Management L.P. (“Highland”), a Dallas-based investment management firm, today announced the launch of Highland Alternative Investors, a leading alternative investment platform that will encompass all of Highland’s existing non-traditional, liquid alternative funds.
“In the last 3 years Highland has established three top ranked funds in their category, significantly increased our liquid alternative AUM and built out a robust retail distribution platform”
Michael Gregory will oversee the new platform as Global Head and CIO of Highland Alternative Investors.
“Highland has been offering investors access to liquid alternative solutions for over a decade,” said Mark Okada, co-Founder & CIO of Highland Capital Management. “The introduction of this platform will further strengthen our offerings and ability to drive results as well as allow Highland to better offer customized solutions across portfolios to investors.”
In addition to his new role, Michael Gregory will continue to serve as Managing Director and Head of Healthcare Credit and Equity at Highland Capital Management, L.P. He will remain lead portfolio manager of the Highland Long/Short Healthcare fund (HHCAX).
“We are confident that these organizational enhancements along with Michael Gregory’s oversight will facilitate superior, repeatable performance,” said James Dondero, President and co-Founder, Highland Capital Management. “Consolidating our liquid alternative strategies within a robust, unified platform allows us to develop products in a timely and thoughtful manner to meet investor needs.”
As both a pioneer and leader in alternatives over the past 20 years, Highland remains committed to implementing leadership and organizational enhancements that strengthen the size, scale and expertise of our investment platform.
“In the last 3 years Highland has established three top ranked funds in their category, significantly increased our liquid alternative AUM and built out a robust retail distribution platform,” added Brad Ross, President, Highland Capital Management Fund Advisors, L.P. “The formation of Highland Alternative Investors will enable us to continue to build upon and expand this success across the entire platform and achieve our primary objective, which is meeting the needs and demands of our clients.”
About Highland Capital Management
Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with our affiliates, has approximately $20 billion of assets under management. Founded in 1993 by James Dondero and Mark Okada, Highland is one of the largest and most experienced global alternatives, credit and equity managers and has been instrumental in providing alternative investment solutions for over 20 years. Highland invests across a variety of asset classes and structures within the alternative landscape including hedge funds, separate accounts, distressed and special situations private equity, collateralized loan obligations (CLOs), mutual funds and ETFs. Highland’s diversified client base includes wealth managers, public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Our firm is headquartered in Dallas, Texas and maintains offices in New York, São Paulo, Singapore, and Seoul.