Highland Capital Management hires Chris Hayes as a loan and high yield bond trader. Prior to Highland, Hayes most recently worked as a fixed income trader at Neuberger Berman.
Highland Capital Management, L.P. (“Highland”), a Dallas-based investment management firm, which together with its affiliates has approximately $19.5 billion in assets under management, announced the hiring of Chris Hayes as a loan and high yield bond trader. Mr. Hayes will report to Josh Terry, Head of Structured Products and Trading for Highland Capital Management. Mr. Hayes will be based in Dallas, TX.
Mr. Hayes will serve as Highland’s primary bank loan, high yield bond & CDS trader for Highland’s CLOs, hedge funds, mutual funds and separate accounts trading in the primary and secondary markets. Mr. Hayes will be responsible for trade execution and identifying new trading and investment opportunities for Portfolio Managers.
“Chris’ deep experience as a credit trader across a wide range of fixed income securities makes him a great addition to the Highland team,” said Mr. Terry. “With the increased activity we are seeing in these markets, Chris’ relationships and understanding of numerous trading platforms will further enhance our ability to provide clients market leading services.”
Mr. Hayes has over eight years of financial market experience, most recently working as a fixed income trader at Neuberger Berman. At Neuberger Berman, Mr. Hayes managed trade flow for both institutional and private client accounts with assets totaling approximately $20 billion. Mr. Hayes’ primary trading activity was in the taxable space in investment grade and high yield corporate debt with exposure also in US treasuries, agencies, mortgages, convertibles, and municipal bonds. Prior to Neuberger Berman, Mr. Hayes worked as a trader at Federated Investors, Inc. and HSBC Securities. Mr. Hayes began his career in portfolio construction at J.P. Morgan Private Bank.
“I am excited to join Josh’s outstanding team at Highland,” said Mr. Hayes. “Highland is known for their deep understanding of the credit markets, and I’m looking forward to contributing to its continued success.”
Mr. Hayes earned his B.A. from Georgetown University and his M.B.A. from the INSEAD Business School in Fontainebleau, France. He holds the Series 7 and 66 FINRA licenses.
About Highland Capital Management, L.P.
Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with our affiliates, has approximately $19.5 billion of assets under management. Founded in 1993 by Jim Dondero and Mark Okada, Highland is one of the largest and most experienced global alternative credit managers. Highland specializes in credit strategies, such as 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. Highland’s diversified client base includes public pension plans, foundations, endowments, corporations, financial institutions, fund of funds, governments, and high net-worth individuals. Highland is headquartered in Dallas, Texas and maintains offices in New York, Sao Paolo, Singapore, and Seoul.