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Highland hires Greywolf's Krytzer to expand institutional business

Tuesday, April 18, 2017
Opalesque Industry Update - Highland Capital Management, a Dallas-based alternative investment management firm that, together with its affiliates, has approximately $15 billion in assets under management, announced today that Damon Krytzer, CFA has joined the firm as managing director, supporting business development across the firm's institutional platform.

The addition of Mr. Krytzer is part of Highland's ongoing commitment to reshape its institutional platform to meet the needs of investors in today's increasingly complex investment environment. Highland is focusing on institutional product strategy that draws on the firm's core competencies in fundamental credit research. In addition, the firm is looking to develop other areas of its institutional business including private equity and real estate.

Mr. Krytzer will report to Brad Eden, who joined Highland in 2016 as global head of marketing and investor relations.

"Damon brings to Highland a strong credit background and an understanding of what institutions are looking for from alternative investment managers," said Mr. Eden. "After operating in many different roles within our industry, from institutional allocation to portfolio management, Damon has a unique, multifaceted perspective on how to deliver investment solutions that not only meet but anticipate our clients' needs."

"It's clear there is a lot of momentum building at Highland right now. The firm is coming off of an impressive 2016 with strong performance across credit and has reestablished itself in the CLO space. There are a lot of opportunities in this environment for a fund manager with both flexibility and depth," said Mr. Krytzer. "It is obvious to me that is the right place at the right time, and I'm looking forward to being a part of Highland's next chapter."

Mr. Krytzer joins Highland from Greywolf Capital Management, a $3 billion investment firm that specializes in corporate and structured credit. Prior to Greywolf, Mr. Krytzer was the head of portfolio strategy at Waverly Advisors, a tactical research and advisory firm. He also served as a board trustee for the San Jose Police and Fire Department Retirement Plan and was a member of the $3 billion plan's investment committee. Mr. Krytzer spent the beginning of his career at UBS and Oppenheimer & Company in portfolio management roles. He earned a B.A. from Rutgers University and MBA degrees from Columbia Business School and the University of California Haas School of Business.

Mr. Krytzer will be based in Dallas, Texas.

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