Dallas-based hedge fund firm Highland Capital Management announced the expansion of the firm Monday through two hires.
Highland Capital said in a statement that Andrea Lloyd and Scott Baker have joined the firm as a credit trader and a director, respectively.
Formerly the vice president of investor relations at a California-based fund of hedge funds firm, Lloyd will be responsible for trading bank loans and high yield bonds in the primary and secondary markets in her new role.
As the new director of Highland, Baker will be in charge of “identifying new opportunities, assessing risk and conducting due diligence on the firm's investment ideas, as well as developing investment recommendations.”
Founded in 1993, Highland specializes in credit strategies with approximately $19 billion in assets under management.