Highland Capital Management

Race Rock Group has agreed to acquire Structural & Steel Products Inc from Highland Capital Management.

Highland Capital Management LP has named Trey Parker as co-chief investment officer. In his new position, Parker will join Highland co-founder Mark Okada in the CIO role. Parker first joined Highland in 2007.

Highland Capital Management has acquired Fort Worth, Texas-based Structural and Steel Products Inc, a maker of highway construction products. The seller was Merit Capital Partners. Lincoln International provided financial advice to SSP on the deal. No financial terms were disclosed.

San Francisco-based Amino, a healthcare transparency company, has secured $25 million in Series C funding. Highland Capital Management led the round with participation from other investors that included Accel, Aspect Ventures, CRV, Northwestern Mutual Future Ventures and Pilot Wall Group.

Highland Capital Management L.P. said Friday it had named Terry Jones its President of Institutional Products. Jones previously served as Lead Director of the Highland Funds.

Investment management workplace platform Harvest Exchange has secured $5 million in Series B funding. Highland Capital Management led the round with participation from return backers Third Point LLC, Golden Tree Asset Management and Marketplace Fund I. In addition to the funding, Highland Capital will take a seat on Harvest Exchange's board of directors.

Highland Capital Management LP has launched Highland Alternative Investors, an alternative investment platform. The firm has named Michael Gregory as global head and CIO of Highland Alternative Investors. Gregory will continue as managing director and head of healthcare credit and equity at Highland Capital.

Highland Capital Management and energy investment firm PetroCap are poised to hit the $350 million targeted for PetroCap Partners II, a private equity joint venture that will invest in small and lower middle market oil and gas projects

Firm expects to invest about 60 to 70 percent of its capital in Series A and B rounds, 20 to 25 percent in growth stage deals and the rest in seed stage investments, a source said.

The firm is among numerous first-time managers in the market seeking to attract capital despite the challenges of the current fundraising environment.

With this investment, Caris has raised approximately $1.3 billion in external financing since 2018.

New York City-based Briarcliffe Credit Partners, a new placement agency focused on private credit, has launched.

Dallas-based Sycamore Tree Capital Partners, a new investment firm focused on private and alternative credit, has launched.

Dallas-based Westmount Realty Capital LLC, a commercial real estate development and investment manager, has hired Andrew Martin as director of private capital. Previously, Martin worked at PTX Securities where he served as vice president of business development raising funding for Sealy Strategic Equity Partners.

South Korea’s National Pension Service served as the anchor investor to the fund.