- The agreement will provide Andean region’s institutional investors with access to Highland Capital Management’s funds for first time
- Highland Capital Management is headquartered in Dallas, Texas, and maintains offices in New York, Sao Paolo, Singapore, and Seoul
- Highland Capital Management 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 Capital Management, the US$ 22billion asset management firm headquartered in Dallas, TX, and Credicorp Capital, the leading investment banking platform in the Andean region, announced today to have entered into an exclusive distribution agreement that will allow the distribution of Highland Capital’s funds throughout institutional investors in the Andean region, specifically in Chile, Peru and Colombia.
“We have built a great working relationship with Credicorp and are happy to see this partnership come to fruition,” said James Dondero, president and co-founder of Highland Capital Management. “The Andean region invests much of its institutional and pension assets in the international markets and we believe our funds provide attractive investment options to meet their objectives.”
Alejandro Perez Reyes, head of asset management at Credicorp Capital, stated “the agreement will allow us to offer our clients Highland Capital Management’s long track record and strong product offering that will allow investors across the region to diversify their international investment portfolios”
The collaboration between both firms will offer new solutions in the Andean region by combining Credicorp’s distribution expertise and network in the area with Highland Capital Management’s extensive experience and best in class fund management offerings.