Highland Capital Management Promotes Parker To Co-CIO

Sep 13 2017 | 8:21pm ET

Global alternative credit specialist Highland Capital Management has promoted Trey Parker to the position of co-chief investment officer, joining co-founder Mark Okada in the position. 

In addition to his new position, Parker will continue to serve on the company’s executive committee and the credit and private equity investment committees and will join the equity and structured products investment committees. He will also maintain his individual portfolio management responsibilities.

Parker joined Highland in 2007 and has since risen to be the head of the firm’s credit research platform, while also serving as the portfolio manager on a number of credit funds and remaining head of Acis Capital Management, Highland’s structured products business. He was named a partner in 2015.

“This is a well-earned promotion for Trey,” said Okada. “For over a decade, Trey has been a driver of operational alpha in numerous areas across the firm, from streamlining research and risk management processes to enhancing collaboration across disciplines. It’s a privilege to have him alongside me leading our investment platform.”

Highland Capital Management, L.P. is an SEC-registered investment adviser that, together with its affiliates, has approximately $13 billion of assets under management. Founded in 1993 by Okada and James Dondero, Highland specializes in credit strategies, including credit hedge funds, long-only funds and separate accounts, distressed and special-situation private equity, and collateralized loan obligations (CLOs). Highland also offers alternative investments, including emerging markets, long/short equities, and natural resources. 

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