Highland plans new MBS/ABS fund, portable alpha program

Wed Mar 1, 2006

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 Special Opportunity...

ISSN: 2151-1845 / CDC10004H

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