Highland Capital Expands Institutional Business Development Efforts, Hires New Director

DALLAS, March 21, 2012 /PRNewswire/ -- Dallas-based Highland Capital Management, L.P. ("Highland"), one of the largest and most experienced global alternative credit managers, today announced that Artis Terrell Jr. has joined the firm as Director of Business Development.

Mr. Terrell is responsible for business development and managing strategic relationships with institutional investors, primarily public and corporate pension plans. He reports to Clay Shumway, Head of Business Development and is based in the firm's Dallas office.

"Artis' extensive experience, particularly among public and corporate pensions, is a great asset for our global team and will help us better serve the needs of our investors," said Mr. Shumway.

"It's exciting to be a part of a firm that has a strong legacy of providing diverse and relevant investment offerings to meet the needs of institutional investors," said Mr. Terrell.

Mr. Terrell has 14 years of investment business development and relationship management experience focused on the institutional marketplace. Prior to joining Highland, he served as Principal at The Williams Capital Group, L.P., a New York-based investment bank where he focused on sales, financial advisory and asset management for institutional clients. Before joining The Williams Capital Group, he served as an Investment Banking Associate at Hudson Knight Securities, Inc. Additionally, Mr. Terrell previously served on the Louisiana Board of Regents for 10 years, including two years as Chairman, and was a member of "The Committee of 100" in Louisiana. He received his Bachelor of Science from the University of Louisiana at Monroe.

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.