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Highland Capital Management names Andrew Parmentier Chief Strategy Officer

Thursday, November 16, 2017
Opalesque Industry Update - Highland Capital Management, a global alternative investment manager, announced today the addition of Andrew Parmentier, who joins as a partner, expanding the firm's executive committee. Mr. Parmentier will serve as Highland's chief strategy officer (CSO) and head of thematic investing.

Mr. Parmentier brings to Highland over 20 years of experience working at the nexus of Washington and Wall Street, advising some of the largest asset managers, hedge funds, and private equity firms on tactical and strategic investment opportunities. As Washington became increasingly important to the investment industry, Mr. Parmentier co-founded Height Securities, a privately held capital markets firm, to deliver research, banking, and advisory services with a focus on heavily regulated industries.

"Andrew embodies the entrepreneurial mindset that is in Highland's DNA," said Highland co-founder and president James Dondero. "In a world increasingly defined by ETFs and index funds, Andrew's ability to drive innovation amid complexity and uncertainty will be invaluable."

Before starting Height Securities, Mr. Parmentier was a partner and managing director at FBR Capital Markets. He also co-founded Harvest Exchange Corp, a financial technology company that enhances the way the investment industry shares information, and remains on Harvest's board of directors. He earned a B.A. from University of Oregon and an M.S. in applied economics with mathematics from Johns Hopkins University.

"Highland is uniquely positioned to differentiate itself as an alpha manager in an increasingly competitive market environment," said Mr. Parmentier. "Harnessing the expertise across the platform, from public equities to structured products, will add to the firm's momentum and create new opportunities to serve investors."

Following the recent promotions of Trey Parker to co-chief investment officer and Jon Poglitsch to head of credit research, Highland continues to expand its leadership team with the addition of Mr. Parmentier.

"In the short time he has been here, Andrew has been a catalyst for positive change," said Mr. Parker. "With his experience balancing execution with long-term strategy, Andrew is a welcome addition to Highland."

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