Thursday, 26 November 2015
Last updated 1 day ago
Aug 18 2010 | 2:41pm ET
Despite a recent record in the space that can be charitably described as spotty, Highland Capital Management isn’t giving up on real estate debt.
The Dallas-based hedge fund has seen five developments in which it was involved in its home state file for bankruptcy or liquidation since September, the Dallas Business Journal reports. Those failures may have cost the firm up to US$22 million.
But Highland says it still sees strong opportunities in real-estate investments.
“Our track record has encouraged us to actively pursue a broad range of opportunistic real-estate debt opportunities across the U.S.,” Scott Wilson, Highland’s managing director for business development, told the DBJ.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…