Think Advisor | Highland Capital Management Launches Nontraded Product Line

By August 22, 2014March 6th, 2018News

Highland Capital Management L.P. has announced the launch of its nontraded product line with NexPoint Capital, Inc., a publicly registered business development company (BDC) NexPoint Capital, Inc. The BDC, a healthcare-focused fund, has a target raise of $1.5 billion in capital for investing primarily in medium-sized businesses.

The BDC will be distributed by Highland Capital Funds Distributor, and will be led by Brad Ross, president of Highland Funds, and Brian Mitts, chief operating officer of NexPoint Advisors and head of business development for Highland’s alternative products.