Highland hires to support move into credit-sensitive structured products
Highland Financial Holdings, a $650 million hedge fund manager in New York, has hired Dean Smith as senior vice-president to oversee the fund's expansion to credit risk products.
Smith joins from Stonehenge Financial Partners, an investment banking and advisory firm he founded in 1996. Before this, he was co-head of the asset-backed structured finance group at Nomura Securities International. Smith was previously with Donaldson Lufkin & Jenrette, where he managed the firm's commercial and non-agency residential mortgage-backed securities. Smith’s appointment reunites him with Richard Sauerwein, his partner at Stonehenge, who joined Highland in February 2004.
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