Highland Capital Management Expands Business Development Team

Jan 26 2018 | 2:48pm ET

Global alternative investment manager Highland Capital Management announced the hire of two institutional business development professionals. Laurie Whetstone joins as a managing director and Kieran Brennan joins as a director.

Whetstone joins Highland from Bernstein Private Wealth Management. Based in San Francisco, she brings to the role nearly two decades of experience as an advisor to institutional investors and high net worth individuals.

Brennan joins Highland as a director in the firm’s New York office. He comes to Highland from Connor, Clark & Lunn Financial Group where he served as vice president on the U.S. institutional sales team of the Canadian-based asset manager.

The firm currently operates stressed and distressed credit strategies within various portfolios across the platform, according to the company. Highland established a dedicated distressed private equity fund during the last credit cycle, focusing on control-oriented investments in senior secured loans of companies in complex distressed situations.

“Given the size of the high yield credit market today, even minor disruptions could create considerable opportunities in the distressed space, which is one of Highland’s biggest strengths,” said Trey Parker, Highland’s co-chief investment officer, in a statement. "The expanded team will connect us to the investors and allocators who understand this dynamic and recognize the need to position capital in anticipation of this opportunity.”

Highland Capital Management L.P. is a multibillion-dollar global alternative investment manager founded in 1993 by Jim Dondero and Mark Okada. The firm has evolved during the past 25 years, building on its credit expertise and value-based approach to expand into other asset classes. Today, Highland’s diverse investment platform spans the alternatives landscape, serving both institutional and retail investors worldwide.

In addition to high yield credit, Highland’s investment capabilities include public equities, real estate, private equity and special situations, structured credit and sector- and geography-specific verticals. Highland is headquartered in Dallas and maintains offices in New York, Buenos Aires, São Paulo, Singapore, and Seoul. 

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