Loss-ridden Highland creates risk, sales posts to entice new investors
Wed Jul 30, 2008
Still regrouping from large losses in late 2007 and 2008
that have left its hedge funds down by double digits,
Dallas-based Highland Capital Management has created the post
of risk management chief, elevating chief financial officer
Kenneth McGovern to the role. The firm has also created a new
institutional sales head position, bringing on a Bear Stearns
veteran to fill it.
ISSN: 2151-1845 / CDC10004H
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