Jim Dondero, Co-Founder and President of Highland Capital Management, has been named Senior Portfolio Manager of the firm's Energy MLP Fund, effective 1 February, 2015.
Dondero joins Jon Poglitsch, CFA and Matthew Gray, CFA as lead managers of the fund. Dondero, Poglitsch and Gray will be responsible for all of the investment decisions of the fund.
“Dislocation in the energy sector has caused unwarranted disruptions in the MLP space,” says Dondero. “Jon and Matthew have done a fantastic job managing the fund having achieved double digit returns since the fund's inception and I am excited to join them. We expect higher quality MLPs to resume tracking high quality REITs and we have positioned the fund accordingly.”
Highland’s Energy MLP Fund aims to provide investors with current income and capital appreciation by investing primarily in large and mid-cap Master Limited Partnerships (MLPs) of domestic midstream energy companies.
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