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Published on 10/8/2013 in the Prospect News Bank Loan Daily and Prospect News CLO Daily.

Highland to invest in loans, CLO debt for Texas retirement system

By Angela McDaniels

Tacoma, Wash., Oct. 8 - Highland Capital Management will make a $250 million investment in senior secured bank loans and collateralized loan obligations on behalf of the Texas Municipal Retirement System, according to a news release from Highland.

The mandate is subject to successful contract negotiations.

Highland is an investment adviser based in Dallas.


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