Highland Capital Management has selected Chicago-based Horizon Cash
Management to provide comprehensive cash management services designed to
maximize excess cash balance returns.
Diane Mix, President and Founder of Horizon, said: "As the alternative
investment industry continues to mature and managers concentrate on building
sustainable businesses, active cash management is gaining considerable
traction. Horizon has also proven that we can maintain our performance levels,
even in a challenging low interest rate environment."
Founded in 1998 by Andrew and Mathew Kaleel and based in Australia, Highland
Capital is an alternative investment manager specialising in the trading of
quantitative strategies in managed futures. Highland currently offers three trading
programs to investors - The Global Financial Program, Global Trends Program,
and Tactical Strategies Program.
Horizon has seen demand for its services increase from managers around
the globe and Highland Capital marks the firm's second client in
Australia. Recently, Horizon added Sydney-based GMF, an alternative
investment firm with USD 1.3 billion in assets under management.
Background Note: Established in 1991, Chicago-based Horizon Cash
Management LLC provides customized portfolio and treasury
services to hedge funds, funds of funds, futures funds and family
offices worldwide. With more than USD1.5 billion in assets under
management, Horizon seeks to maximize cash balance returns while
providing daily risk management tools for alternative fund investors and
managers. Horizon is a registered investment adviser with the US
Securities and Exchange Commission.