Highland Capital Management, L.P.

Falcon E&P Opportunities Fund Closes Above $163 Million

Falcon E&P Opportunities GP, LLC (“Falcon”), a company specializing in direct onshore oil and gas investments, today announced that its Falcon E&P Opportunities Fund, L.P. had a final close with $163.2 million in capital commitments. Falcon is a joint venture between PetroCap and HCMS Falcon, L.P., an affiliate of Highland Capital Management, L.P. (“Highland”).

Read More

The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorized. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States (“US”) to or for the benefit of any US person (being residents of the US or partnerships or corporations organized under the laws of the US).

Assets under management figures are based on fee-earning AUM for Highland Capital Management and its affiliates, rounded to the nearest $100 million, and as of 12/31/2011

* NOT FDIC INSURED * May lose value * No bank guarantee. * Past performance is not indicative of future results. *