Alternative investment manager Highland Capital Management has appointed Andrew Parmentier as a partner and the firm’s chief strategy officer (CSO) and head of thematic investing.
Parmentier brings to Highland over 20 years of experience working at the nexus of Washington and Wall Street, advising some of the largest asset managers, hedge funds, and private equity firms on tactical and strategic investment opportunities. As Washington became increasingly important to the investment industry, Parmentier co-founded Height Securities, a privately held capital markets firm, to deliver research, banking, and advisory services with a focus on heavily regulated industries.
“Andrew embodies the entrepreneurial mindset that is in Highland’s DNA,” says Highland co-founder and president James Dondero. “In a world increasingly defined by ETFs and index funds, Andrew’s ability to drive innovation amid complexity and uncertainty will be invaluable.”
Before starting Height Securities, Parmentier was a partner and managing director at FBR Capital Markets. He also co-founded Harvest Exchange Corp, a financial technology company that enhances the way the investment industry shares information, and remains on Harvest’s board of directors. He earned a BA from University of Oregon and an MS in applied economics with mathematics from Johns Hopkins University.
“Highland is uniquely positioned to differentiate itself as an alpha manager in an increasingly competitive market environment,” says Parmentier. “Harnessing the expertise across the platform, from public equities to structured products, will add to the firm’s momentum and create new opportunities to serve investors.”