Highland Capital Management Appoints Steven M. Delarosa as Managing Director of Investor Relations

DALLAS, July 1 /PRNewswire/ -- Highland Capital Management, L.P. ("Highland"), an investment management firm based in Dallas, Texas, announced today that Steven M. Delarosa, CFA, has joined the firm as a Managing Director.

Mr. Delarosa will be responsible for managing the firm's relationships with existing investors and developing and maintaining relationships with investment consultants across the globe.  This is a newly created position and Mr. Delarosa will be based in Dallas where he will report directly to Kevin Latimer, Partner, Head of Business Development for Highland.  

"Steven has significant expertise in maintaining and growing relationships with key clients and consultants," said Mr. Latimer.  "He is an added knowledge resource for our existing investors and will also ensure that new and prospective investors and consultants understand the merits of Highland's product portfolio as well as our commitment to providing clients with high quality investment solutions."

"Highland is an exceptional asset manager with a history of providing focused investment products allowing investors to take advantage of special opportunities in the credit space," said Steven M. Delarosa.  "I look forward to enhancing Highland's investor relationships, leveraging the institutional relationships I have built over my career, and helping to install best of breed products that will help clients meet their investment objectives."

Mr. Delarosa has over 20 years of client service and marketing experience in the investment industry.  He joins Highland following 11 years at Western Asset Management Company (WAMCO), where he held three executive level positions in client service & marketing and helped expand the firm's assets under management from $24.7 billion to a peak of $628 billion.  Before that, he served as director of investments at MFR Financial Resources, a $500 million private equity firm focused on Latin America.  Earlier in his career, he held the role of regional director at Old Northwest, Inc. and pension specialist at The Principal Financial Group.  Mr. Delarosa has an MBA in Investment Finance and a B.S. in Investment Finance & Marketing from the University of Southern California.  He has also earned the right to use the Chartered Financial Analyst designation.

About Highland Capital Management

Highland Capital Management, L.P. is a SEC-registered investment adviser with approximately $24 billion of assets under management. It is one of the largest global alternative fixed income managers, specializing in bank loans, high yield credit, distressed debt, structured products, real assets, and long-short equities, with a global geographic reach.

Highland's diversified client base includes public pension plans, foundations and endowments, corporations, financial institutions, fund of funds, governments, high net worth individuals, and mutual fund investors. To best meet the different goals of these investors, Highland offers a variety of product types, including credit funds, private equity-style funds, managed separate accounts, hedge funds, retail mutual funds, and collateralized loan obligations (CLOs).

Highland Capital is headquartered in Dallas, Texas and maintains offices in New York, London and Singapore.

SOURCE Highland Capital Management, L.P.

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