Highland Hires Travers for Marketing and Investor

NEW YORK (Hedgeworld.com)–Highland Financial Holdings Group LLC, hired Beth Travers to the new position of head of marketing and investor relations.

Ms. Travers previously was head of development and marketing at eLuxury.com, a high-end online retailer owned by LVMH. Before that, she worked for 14 years in fixed-income research and sales, specializing in mortgage-backed securities, asset-backed securities, and collateralized mortgage obligations, Highland's area of specialization, according to a company statement. Included in that was three years each working as a senior vice president with Prudential Securities and Nomura Securities, the statement said.

Part of the reason for hiring her was to further raise Highland's profile with institutions and family offices, its existing client base. The alternative investments manager invests in short duration, high-grade mortgage and asset-backed securities, hedged to achieve market neutrality. Highland manages US$400 million.