Co-founded by James Dondero and Mark Okada, Highland Capital Management is an investment management firm located in Dallas, Texas. James Dondero, also the President of Highland Capital Management, hired Terry Jones as the new President of Institutional Products for Highland Capital Management.
Highland Capital Management was established back in 1993. James Dondero and Mark Okada helped its customers with smart business solutions. Highland Captial Management has helped several companies with various “credit strategies, such as credit hedge funds, long-only funds and separate accounts, distressed and special situations private equity, and collateralized loan obligations. Ever since 1993, Highland Capital Management has been a global force, helping customers all over the world. It has established corporate offices in New York, Sao Paolo, Singapore, and Seoul, South Korea and will continue its international expansion.
With the new hiring, James Dondero hopes that Terry Jones will be able to bring the necessities as the President of Institutional Products. Terry Jones is an experienced candidate for the position as he has worked as the President and the Founder of Battersby Capital Management. He is very capable of managing large assets as he has worked with Goldman Sachs, managing nearly $8 billion in Fund of Hedge Funds.
He was already a Lead Director for Highland Funds before becoming the President of Institutional Products. He already possesses the knowledge and the familiarity of Highland Capital Funds, so he should be able to do well in his new role.
Terry Jones responded to the promotion by stating that he is “excited to work with the Highland team to develop customized client solutions” to help the client grow as a business and help develop a plan for success. The President of Highland Capital Management is optimistic about the company’s upcoming days as he is confident that Terry Jones will help the company in tremendous ways.