Saturday, 30 August 2014
Last updated 23 hours ago
Mar 17 2006 | 12:00am ET
Highland Financial Holdings is launching its third fund on April 1 with between $100-150 million in assets under management. The new offering, the Highland Spectrum Fund, will invest across a wide range of credit quality ABS and MBS offerings.
According to a source close to the firm, the new fund is unusual for an ABS/MBS hedge fund in that it gives investors a single access point to the entire spectrum of credit qualities, hence the name “Spectrum Fund.”
Currently, the firm has two funds, one that invests in short duration, high credit quality facilities and one that invests in lower grade credit products, specifically triple-B or double-B.
Initially, the new offering will take positions in both of the firm’s current funds, though the portfolio managers will have the option of making other investments.
Paul Ullman, ceo and founder for the firm, will oversee the new fund, which has the capacity to take in $750 million to $1 billion.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...