Highland Capital Management has launched Highland Alternative Investors, an alternative investment platform that will encompass all of Highland’s existing non-traditional, liquid alternative funds.
Michael Gregory will oversee the new platform as Global Head and CIO of Highland Alternative Investors.
“Highland has been offering investors access to liquid alternative solutions for over a decade,” says Mark Okada, co-Founder & CIO of Highland Capital Management. “The introduction of this platform will further strengthen our offerings and ability to drive results as well as allow Highland to better offer customised solutions across portfolios to investors.”
In addition to his new role, Michael Gregory will continue to serve as Managing Director and Head of Healthcare Credit and Equity at Highland Capital Management, LP. He will remain lead portfolio manager of the Highland Long/Short Healthcare fund (HHCAX).
“We are confident that these organisational enhancements along with Michael Gregory’s oversight will facilitate superior, repeatable performance," says James Dondero, President and co-Founder, Highland Capital Management. “Consolidating our liquid alternative strategies within a robust, unified platform allows us to develop products in a timely and thoughtful manner to meet investor needs.”
As both a pioneer and leader in alternatives over the past 20 years, Highland remains committed to implementing leadership and organisational enhancements that strengthen the size, scale and expertise of our investment platform.
“In the last three years Highland has established three top ranked funds in their category, significantly increased our liquid alternative AUM and built out a robust retail distribution platform,” says Brad Ross, President, Highland Capital Management Fund Advisors, LP. “The formation of Highland Alternative Investors will enable us to continue to build upon and expand this success across the entire platform and achieve our primary objective, which is meeting the needs and demands of our clients.”