Highland Capital Adds to Growing Business Development Team

DALLAS, May 1, 2012 /PRNewswire/ -- Dallas-based Highland Capital Management, L.P. ("Highland"), one of the largest global alternative investment management firms, today announced that Jill Naponic, CPA, has joined the firm as a Business Development Associate.

Ms. Naponic will be responsible for business development and investor relations support. She will report to Clay Shumway, Head of Business Development and will be based in Dallas.

In addition to Ms. Naponic, Highland has made a number of recent hires to bolster its business development team, including Artis Terrell Jr., Director, and Brian Rice, Managing Director.

"We continue to strengthen our team to serve our clients' growing appetites for alternative investment solutions," said Mr. Shumway.

Prior to joining Highland, Ms. Naponic served as an Investor Relations Senior Financial Analyst at Lone Star Funds, a Dallas-based global distressed private equity firm where she managed client relationships, investor accounts and marketing products. Prior to Lone Star Funds, she served as an Audit Associate in the external audit division of Ernst & Young in Dallas, she focused primarily on the Media industry. Ms. Naponic received her Master's in Accountancy and a BBA in Accounting from The University of Texas. Ms. Naponic is a licensed Certified Public Accountant.

About Highland Capital Management, L.P.

Highland Capital Management, L.P. is an SEC-registered investment adviser, which together with its affiliates, has approximately $20 billion of assets under management. It is one of the largest and most experienced global alternative credit managers. The firm specializes in credit strategies, such as credit hedge funds, long-only funds and separate accounts, distressed control 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 and endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. The firm is headquartered in Dallas, Texas and maintains offices in New York, London, Singapore, and Seoul.

For further information, please visit www.hcmlp.com.

SOURCE Highland Capital Management, L.P.