Highland hires new MD

Dallas-based investment firm Highland has appointed Felicia Smith as managing director. Previously, Smith worked at Santander Consumer USA where she served as vice president of capital markets.


DALLAS–(BUSINESS WIRE)–Highland Capital Management, L.P. (“Highland”), a Dallas-based investment management firm, which together with its affiliates has over $19 billion in assets under management, announced the hiring of Felicia Smith as Managing Director. Ms. Smith will report to Josh Terry, Head of Structured Products and Trading for Highland Capital Management. She will be based in Dallas, TX.

“Ms. Smith’s deep understanding of structured products will be instrumental in building institutional relationships and continuing to grow Highland’s robust alternative credit strategies,” said Mr. Terry. “Her deep expertise of the capital markets and experience in business development and investor relations will be an invaluable asset to the team.”

Ms. Smith will join Highland’s business development team where she will be responsible for identifying and developing new relationships with institutional clients. In particular, she will focus on raising assets for Highland’s CLO and credit platforms.

“Hiring Ms. Smith comes at a perfect time for Highland as our team continues to expand,” said Jess Larsen, Head of Institutional Sales. “We’re looking forward to the invaluable skills and experience Ms. Smith will bring to our team as we keep growing and seek to win new mandates.”

Ms. Smith has over ten years of financial market experience. She joins Highland from Santander Consumer USA (“SCUSA”) where she served as Vice President of Capital Markets. In this role she was responsible for overseeing all corporate funding and liquidity activities and was head of debt investor relations. Prior to this, Ms. Smith served as Vice President of Corporate and Business Development and also held various other positions at SCUSA in pricing and analytics, capital markets and financial risk. Before joining SCUSA, Ms. Smith worked in sales and trading at JPMorgan Chase & Co. and as an analyst at JPMorgan Private Bank.

“Highland appealed to me because of its impressive track record as one of the largest global alternative credit managers,” said Ms. Smith. “I look forward to contributing to the firm’s continued success across the credit markets.”

Ms. Smith earned a B.A. in Business Administration with a concentration in Economics from Baylor University.

About Highland Capital Management
Highland Capital Management, L.P. is an SEC-registered investment adviser which, together with our affiliates, has approximately $19 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.