Highland Capital Management, L.P. (Highland) recently announced the appointment of Jennifer Ricci as Highland Capital Funds Distributor’s new Director of National Accounts for the Independent Broker-Dealer Channel.
With the hire of Ms. Ricci comes Highland’s first foray into non-traded products, which it hopes to launch later in 2014. Ms. Ricci joins Highland from Independence Realty Securities, a subsidiary of RAIT Financial Trust. In her new role, she will be responsible for expanding the sales group of Highland’s non-traded products with a focus on retail.
Ms. Ricci has experience in the broker-dealer channel and spent the previous eight years marketing product lines including REITs and other alternative investments. Prior to her work with Independence Realty she served as Vice President of National Accounts for Blue Rock Real Estate.
Brad Ross, President of Highland Capital Fund Advisors, commented, “Ms. Ricci’s appointment directly highlights our commitment to expanding the visibility of Highland’s alternative product offerings.” He continued, “Her experience and relationships in the sector will be instrumental in this initiative and we are excited to welcome someone with such an impressive track record to the team.”
Highland is an SEC registered investment adviser that specializes in credit strategies, such as credit hedge funds, distressed and special situations private equity, and collateralized loan obligations (CLOs).