Affiliates

NexPoint Residential Trust, Inc

NexPoint Residential Trust, Inc (“NXRT”) is an externally advised, publicly traded, Real Estate Investment Trust (REIT), focused on the acquisition, asset management, and disposition of multifamily assets, located primarily in the Southeast United States and Texas. The company pursues investments in class A and B multifamily real estate property, typically with a value-add component, where we can invest significant amounts of capital to provide “life style” amenities to “work force” housing. Our value-add strategy seeks to provide a nicer home to our residents, while maximizing returns for our shareholders.

Acis Capital Management

Dallas-based Acis Capital Management is an SEC-registered investment adviser with approx. $3.5 billion in assets under management. Acis was established in 2010 by partners James Dondero and Mark Okada.

NexPoint Advisors, L.P.

NexPoint Advisors, L.P., headquartered in Dallas, TX, is a SEC-registered investment advisor to closed end fund, NexPoint Credit Strategies Fund.  The Fund is invested primarily in below investment grade debt and equity securities and has the ability to hedge risk. The manager attempts to exceed the return of Dow Jones Credit Suisse Hedge Fund Index in a transparent, registered fund format with monthly dividends. NexPoint Advisors, L.P. has served as the Fund’s investment adviser since June 11th, 2012 and is an affiliate of Highland Capital Management Fund Advisors, L.P., the Fund’s investment adviser from December 15th, 2011 to June 10th, 2012 and Highland Capital Management, L.P., the Fund’s investment adviser from inception in 2006 to December 14th, 2011.

NexPoint Capital, Inc.

NexPoint Capital, Inc. is a non-traded business development company (“BDC”) that seeks to provide investors access to the unique opportunities offered by the historic changes to our nation’s healthcare economy as a result of significant demographic and governmental changes.