Asset-backed and mortgage-backed securities specialist
Highland Financial Holdings Group is launching a new hedge fund
that will pool allocations to its existing strategies.
New York-based Highland, which is headed by Paul Ullman and
Elias Katz, will begin offering the Highland Spectrum Fund in
April with as much as $150 million in capital from an unnamed
seed investor. The fund will combine investments in the firm's
other two funds, Highland Opportunity Fund and the Highland