NexPoint Capital, Inc. Breaks Escrow and Acquires Portfolio of Loans and Bonds

DALLAS – NexPoint Capital, Inc., a non-traded publicly registered business development company, and affiliate of Highland Capital Management, L.P., (“Highland”), today announced that it commenced operations on September 2, 2014, by breaking escrow with an investment of $10.2 million from a sponsoring affiliate and has successfully acquired a portfolio of loans and bonds with the proceedsLaunched in August 2014, the BDC is the industry’s first healthcare-focused fund of its kind with an objective of investing primarily in medium-sized businesses.

NexPoint Capital, Inc. will be distributed by Highland Capital Funds Distributor, and will be led by Brad Ross, President of Highland Funds, and Brian Mitts, Chief Operating Officer of NexPoint Advisors and head of business development for Highland’s alternative products.

“Breaking escrow represents a substantial landmark for our growing lineup of liquid alternative mutual funds and non-traded products,” said Mr. Mitts. “Alternative products offer a compelling structure for NexPoint to invest in the growing healthcare opportunity.”

For more information please visit www.NexPointCapital.com.

About NexPoint Advisors and NexPoint Capital, Inc.

NexPoint Capital, Inc. is a healthcare-focused business development company sponsored by Highland Capital Management, L.P. and managed by NexPoint Advisors, L.P., an affiliate of Highland Capital Management, L.P. “Highland” is an SEC-registered investment adviser which, together with its affiliates, has approximately $19.5 billion of assets under management. NexPoint Advisors, L.P., is an SEC-registered investment advisor to the closed end fund, NexPoint Credit Strategies Fund.

About Highland Capital Management, L.P.

Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with its affiliates, has approximately $19.5 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.