Wednesday, 31 August 2016
Last updated 16 min ago
Jul 17 2008 | 9:50am ET
Highland Capital Management today said that it is opening an office in Singapore on Aug. 8. Paul Adkins, a managing director currently based in Dallas, will relocate to Singapore to manage the new operation.
Partner Jack Yang said the firm has seen considerable interest from Asian investors in its hedge funds over the past two years, alongside its longstanding regional investor base in structured products.
“These investors typically have longer-term views of the markets, and are oriented to work with larger, more experienced managers like Highland,” he said. “Our new Singapore office gives us a local footprint that our growing Asian investor community desires.”
Additionally, John Mackin, Christopher Harrison and Elizabeth Goldstein have joined the firm as managing directors in the $38 billion firm’s New York office. Their focus will be on sales and investor relations for Highland’s institutional clients.
Mackin joins Highland from Pardus Capital Management, where he served as the hedge fund’s director of investor relations. Harrison was president of Maidstone Capital, a financial and strategic consulting firm, which he established in 2006, and Goldstein joins Highland from Bear Stearns, where she was a senior managing director in the leveraged finance group for nine years.