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Highland files for bankruptcy
4 years ago
Highland Capital Management filed for Chapter 11 bankruptcy in the Bankruptcy Court in the District of Delaware (Docket No. 19-12239) -
Highland co-founder Okada to leave the firm
4 years ago
Mark Okada, co-founder of Dallas-based Highland Capital Management, will retire at the end of the year -
Global CLO b-wic round-up: 71% of equity positions trade as supply picks up
4 years ago
The European and US secondary CLO market took a step back this week as the primary CLO generated $7.8 billion of deal flow globally -
WhiteStar hires Highland portfolio manager to grow CLO investment business
4 years ago
WhiteStar Asset Management has made a big hire as it seeks to grow its CLO investment business -
Highland names new co-CIO
4 years ago
Highland Capital Management has promoted its global equity trading head to co-CIO, as former co-CIO is named co-head of private equity -
CLO single Bs to return with higher attachments
4 years ago
US CLO equity investors this year seem to be focused on downside risk and this is evident in the lack of single B-rated debt in 2019 CLOs. However, there is demand emerging for a new style of single B-rated tranches that are forcing some equity investors to reconsider their stance. -
Highland Crusader Fund dispute re-ignites in Delaware court
4 years ago
Highland Capital Management is weighing the financial impact of its ongoing litigation over crisis-era fund redemptions with the Redeemer Committee of the Highland Crusader Fund -
CLO portfolio manager Terry takes over at Acis as it emerges from bankruptcy
5 years ago
Josh Terry has taken control of the CLO management business used to run after Acis Capital Management announced that its reorganisation plan became effective on 15 February -
Acis Capital Management's Chapter 11 restructuring plan confirmed
5 years ago
The United States Bankruptcy Court in Dallas today confirmed the chapter 11 restructuring plan of Acis Capital Management -
Debtwire: Acis bankruptcy judge looks to mediation as litigation piles up
5 years ago
Acis Capital Management’s Chapter 11 trustee is developing a new plan proposal that would rectify a provision that caused a bankruptcy judge to reject an earlier plan two weeks ago -
Debtwire: Acis CLO judge finds all three plan options unconfirmable and sides with Highland's objections
5 years ago
Acis Capital Management’s judge last week issued a ruling denying all three versions of Acis’s proposed reorganisation plan, which was highly contested by creditor Highland Capital Management and subordinated noteholder Highland CLO Funding -
CLO Ucits funds take off despite investment limits
5 years ago
CLO investors are swarming over the Ucits fund market, despite the obvious regulatory headwinds and stringent liquidity requirements associated with these structures -
Highland launches CLO Ucits fund
5 years ago
Dallas-headquartered Highland Capital Management has launched a new Dublin-domiciled Ucits fund, which will focus on CLO debt -
Acis CLOs in play as court verdict paves the way towards bankruptcy
5 years ago
Acis Capital Management has moved closer to bankruptcy after a US court found that orders for relief are required -
Three credit specialists part ways with Highland
6 years ago
Three officials have left Highland Capital Management in the last few weeks; a CLO trader and two experienced corporate credit researchers -
Former Acis partner Josh Terry suggests the firm is bankrupt
6 years ago
The long-running legal battle between Acis Capital Management and former partner Josh Terry continues, with Terry now suggesting Acis is bankrupt and filing as a creditor with a Texas court -
Former Acis partner Josh Terry accuses firm of fraudulent transfers
6 years ago
A Dallas court has once again ruled in favour of former Acis Capital Management partner Josh Terry in his long-running dispute with the asset management firm –and now, Terry has accused Acis of plotting to change managers on its CLO to avoid paying him an $8 million award -
Dallas manager reverts to Highland branding as it prices CLO reset
6 years ago
Highland CLO Management, an affiliate of Acis Capital Management, has priced its first CLO transaction of the year -
Highland expands institutional business team with two new hires
6 years ago
Dallas-headquartered Highland Capital Management today announced the hire of two institutional business development professionals, who have joined in anticipation of increased opportunities in distressed credit -
Spire adds former Highland CLO PM to its team in London
6 years ago
Corporate loan specialist John McAuliffe has joined Spire Partners as a senior credit analyst -
Court confirms $8 million ruling in favour of former Acis partner Josh Terry
6 years ago
A Dallas court has ruled in favour of former Acis Capital Management partner Josh Terry in his long-running dispute with the asset management company, according to court documents seen by Creditflux -
Acis's legal battle with former partner takes new turn
6 years ago
The legal battle between Josh Terry and Highland affiliate Acis Capital Management shows no sign of slowing down, with Terry – a former partner in Acis, who co-founded the firm in 2011 --issuing a fresh legal motion in the case -
Highland renames CLO fund and raises at least $153 million
6 years ago
The Guernsey-incorporated vehicle, which launched in 2015 under the name Acis Loan Funding, has raised more than $150 million and changed its name to Highland CLO Funding -
Update: former Acis CLO portfolio manager awarded $8 million in arbitration
6 years ago
Acis and Josh Terry's legal representative each provide statements to Creditflux following an arbitration ruling this week -
Highland appoints chief strategy officer with Washington and Wall Street know-how
6 years ago
Highland Capital Management has expanded its executive leadership team by announcing a new chief strategy officer and head of thematic investing
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