Wednesday, 23 July 2014
Last updated 8 min 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…