DALLAS, Aug. 6, 2019 /PRNewswire/ -- NexPoint, a
leading alternative investment platform, announced today the hire
of two sales and distribution executives. With the additions of
Angela Barbera, managing director
and head of national accounts, and Kirby
Noel, managing director and national sales manager, NexPoint
expands its distribution leadership to reflect recent growth in its
real estate offerings and across key retail alternative
products.
"Angela and Kirby's backgrounds and experience are well aligned
with NexPoint's strategic priorities," said Dustin Norris, NexPoint's head of distribution
and chief product strategist. "Driven by strong demand for DSTs and
1031 exchanges, Regulation D offerings, and other areas of real
estate and alternatives, NexPoint's recent expansion has put us at
an inflection point. With Angela and Kirby's relevant expertise, we
are in a strong position for our next phase of growth."
NexPoint has expanded across a number of areas in recent years;
however, its real estate business, in particular, has experienced
considerable growth in that time. In just the last year, NexPoint
completed over $3.7 billion in real
estate transactions.1
The firm's multifamily portfolio, the initial focus area within
real estate, now includes approximately 28,000 units across 80
complexes. Its publicly traded real estate investment trust (REIT)
NexPoint Residential Trust, Inc. (NYSE: NXRT) holds over
$1.2 billion in real estate assets,
largely in value-add multifamily properties.2 This
multifamily expertise continues to give rise to new opportunities,
driving the firm's Delaware Statutory Trust (DST) offerings,
among other investment strategies. NexPoint's real estate assets
also include single-family rentals, office and retail,
self-storage, and hospitality. The firm added a second publicly
traded REIT to its platform this year with the listing of a
hospitality REIT, NexPoint Hospitality Trust (TSXV: NHT).
"The scale and success that NexPoint has achieved to date is
what drew me to the role," said Barbera, who will lead the firm's
national accounts team. "The strength of the broader platform
solidified my interest. From the real estate investment talent to
the sophistication of the back office operations, there is a
significant opportunity for further growth, and it's exciting to be
a part of it."
Barbera joins NexPoint from Steadfast Capital Markets Group
where she was responsible for all broker-dealer and registered
investment adviser (RIA) relationships. In her role, Barbera
established distribution strategies for Steadfast Companies,
Alcentra, and Voya Annuity and Asset Sales. She earned a Bachelor
of Science degree from Cornell
University and holds her Financial Industry Regulatory
Authority (Finra) Series 6, 7, 63, and 79 licenses, as well as a
California Life & Health insurance license. Barbera serves on
the advisory board at the Center for Investment and Wealth
Management at the University of California,
Irvine.
Kirby Noel joins NexPoint as the
firm's national sales manager, overseeing the team of NexPoint
sales directors around the country and working closely with Barbera
and the national accounts team. Noel brings to NexPoint more than
two decades of experience in the investment industry. In that time,
he helped lead multiple transformational growth initiatives,
including those at Realty Capital Securities and AXA
Distributors.
"I've been a part of a number of largescale expansions, helping
firms capitalize on pivotal moments in their development," said
Noel. "NexPoint has all the right ingredients for success—a
differentiated approach to product development, impressive
investment talent, and strong momentum, to name a few. I look
forward to helping bring those elements together to unlock the
firm's growth potential."
Noel received a Bachelor of Arts degree from Tufts University. He holds his Finra Series 7, 24,
and 63 licenses.
Barbera and Noel's positions are newly created roles at
NexPoint.
About NexPoint
NexPoint is a leading alternative investment platform comprised
of investment advisers NexPoint Advisors, L.P. and NexPoint Real
Estate Advisors, L.P., broker dealer NexPoint Securities, Inc.,
member Finra/SIPC, and a suite of related investment vehicles.
NexPoint's platform provides differentiated access to alternatives
through a range of investment offerings, including publicly traded
real estate investment trusts (REITs), real estate private
placements, 1031 exchanges, closed-end funds, interval funds, and a
business development company (BDC). NexPoint is based in
Dallas, Texas and affiliated with
Highland Capital Management, L.P., a multibillion-dollar global
asset manager. For more information, visit nexpointfunds.com.
MEDIA CONTACT
Lucy Bannon
lbannon@highlandcapital.com
+1 (972) 419-6272
1 Represents transactions completed between
June 30, 2018 and June 30, 2019 by NexPoint and affiliates.
2 Holdings as of June 30,
2019.
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SOURCE NexPoint