DALLAS, Feb. 26, 2016 – Highland Capital Management, L.P. affiliates Highland Capital Management Fund Advisors, L.P. and Acis Capital Management, L.P. earned top honors in two categories at the 2016 Alt Credit Intelligence US Performance Awards, held February 24 in New York:
- The Highland Global Allocation Fund was the winner in the 40 Act – credit category; and
- Acis Capital Management’s CLO Value Fund II took the top position in the CLO specialist category.
The awards recognize and reward hedge funds and funds of hedge funds that have outperformed their peers over the past 12 months.
James Dondero, co-founder and president of Highland Capital Management, is the portfolio manager for the Highland Global Allocation Fund. Josh Terry, co-founder of Acis Capital Management, is the portfolio manager for Acis CLO Value Fund II. Terry, who also is a partner and head of structured products and trading at Highland, accepted both awards at the event.
About Highland Capital Management Fund Advisors, L.P.
Highland Capital Management Fund Advisors, L.P. is the retail arm of Highland Capital Management, L.P., an SEC-registered investment adviser which, together with our affiliates, has approximately $19 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 credit managers. Highland specializes in credit strategies, such as credit hedge funds, long only funds and separate accounts, distressed and special situation private equity, and collateralized loan obligations (CLOs). Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources. 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.
About Acis Capital Management, L.P.
Acis Capital Management, L.P. is an SEC-registered investment adviser. Acis is 100% owned by Jim Dondero, Mark Okada, and Josh Terry, and was established in 2010 as an affiliate of Highland Capital Management, L.P. to focus on managing traditional and secondary CLO investments.