Highland Capital Management, L.P. is a leading investment management firm based in Dallas. It has just announced the appointment of Terry Jones to the firm. He will be taking the post of President of Institutional Products in the company. He will be reporting to James Dondero who is the President of Highland Capital Management. Terry Jones will be based in Dallas, TX where the headquarters of the company is located.
He has over 25 years of experience in this industry. James Dondero further clarified that Terry Jones would be spearheading meetings with several institutional allocators. These are meant to enhance business development that has a solutions-oriented approach. In this way, the wide institutional sales platform of the company will only get wider. Additionally, Terry Jones will have the task of aligning the risk management portfolio of Highland Capital in a way that will optimize its risk management infrastructure. This would require identifying, followed by assessing and then mitigating all the applicable risks.
James Dondero further clarified that Highland Capital Management had positioned itself well to face the market dynamics that are changing constantly. It has investing capabilities that allow it in to extend credit to those that are below investment-grade. It has experience as well as infrastructure in distressed, along with hedged equities position that allows it to outperform all across various market cycles. Hence Terry Jones will be working with the team at Highland Capital in order to develop customized solutions for its clients that can connect with those capabilities. James Dondero talks about the risk management capabilities of the company being interactive. This allows it to address the market volatility. This way the clients get the transparency they require in order to understand the risks as well as opportunities too.
He feels that Terry will enhance performance. He will be able to expedite client solutions as the markets get increasingly complex.
Highland Capital Management, L.P was founded in 1993. Its founders are Jim Dondero along with Mark Okada. Today it is considered to be among the largest as well as most experienced alternative credit managers globally. Its specialties include credit strategies, distressed, private equity, and so on.