Josh Terry, President of The Garden Group, Dallas, Texas.

Joshua N. Terry, CFA

Josh is the Founder and President of Shorewood Management, LP and its affiliate Acis Capital Management, LP, an alternative credit manager and registered investment adviser with approximately $2 billion of assets under management.

Prior to forming Shorewood, Josh co-founded Acis in 2011, which he helped grow to $3.7 billion of assets under management across its hedge fund, CLOs and separately managed accounts before his departure in June 2016.  Josh rejoined Acis as President in February 2019 after acquiring it.

In 2016, Josh formed The Garden Group to target control investments in small businesses, including a two-time member of the Inc. 5000 and SMU Dallas 100 lists of fastest-growing companies.

Josh currently serves on the boards of Uplift Education and Friends of the Katy Trail.  He graduated summa cum laude from Baylor University, where he played on the men’s soccer team. He has earned the right to use the Chartered Financial Analyst designation.

Latest News

October 18, 2019

Highland Capital Management LP Creditor Likely to Press for Chapter 11 Trustee

Highland Capital Management LP appeared for the first time in bankruptcy court as creditors’ lawyers questioned the fund manager’s corporate governance and previewed a potential battle over control of the restructuring process.

The Dallas-based firm appeared Friday in the U.S. Bankruptcy Court in Wilmington, Del., after seeking court protection from investors in a failed Highland hedge fund that were trying to enforce a $189 million arbitration award.

Source: WSJ

October 18, 2019

Highland Capital Creditor Slams Founder James Dondero for Bankrupcy

Highland Capital Management LP appeared for the first time in bankruptcy court as creditors’ lawyers questioned the fund manager’s corporate governance and previewed a potential battle over control of the restructuring process.

The Dallas-based firm appeared Friday in the U.S. Bankruptcy Court in Wilmington, Del., after seeking court protection from investors in a failed Highland hedge fund that were trying to enforce a $189 million arbitration award.

Source: DallasNews.com

February 20, 2019

ACIS Capital Management Emerges from Bankruptcy

Acis Capital Management, L.P. and Acis Capital Management GP, LLC (collectively Acis) announced that their Plan of Reorganization (Plan) became effective Feb. 15, 2019, and that they have emerged from Chapter 11 as a privately held company owned and operated by former partner, Joshua N. Terry. The United States Bankruptcy Court in Dallas, TX, confirmed Acis’ Plan on Jan. 31, 2019.

Source: GlobeNewsWire