Highland Capital Management Names Jim Dondero as Senior Portfolio Manager to Energy MLP Fund

DALLAS–(BUSINESS WIRE)–Dallas-based investment management firm Highland Capital Management Fund Advisors, L.P. (together with its affiliates “Highland”), is pleased to announce that Jim Dondero, Co-Founder and President of Highland Capital Management, has been named Senior Portfolio Manager of the firm’s Energy MLP Fund. The appointment became effective February 1, 2015.

Mr. Dondero joins Jon Poglitsch, CFA and Matthew Gray, CFA as lead managers of the fund. Mr. Dondero, Mr. Poglitsch and Mr. Gray will be responsible for all of the investment decisions of the fund.

“Dislocation in the energy sector has caused unwarranted disruptions in the MLP space,” said Mr. Dondero. “Jon and Matthew have done a fantastic job managing the fund having achieved double digit returns since the fund’s inception and I am excited to join them. We expect higher quality MLPs to resume tracking high quality REITs and we have positioned the fund accordingly.”

Highland’s Energy MLP Fund aims to provide investors with current income and capital appreciation by investing primarily in large and mid-cap Master Limited Partnerships (MLPs) of domestic midstream energy companies.

About Highland Capital Management Fund Advisors

Highland Capital Management Fund Advisors is a SEC-registered investment adviser which, together with its affiliates, has approximately $20 billion of assets under management. Founded in 1993 by Jim Dondero and Mark Okada, Highland is one of the largest and most experienced global alternative asset managers. Highland specializes in a wide range of investments, including emerging markets, long/short equities, real estate and natural resources as well as credit hedge funds, long only funds and separate accounts, distressed and special situations private equity, and collateralized loan obligations (CLOs). Highland’s diversified client base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Highland is headquartered in Dallas, Texas and maintains offices in New York, Sao Paolo, Singapore, and Seoul.