Press

NOVEMBER 5, 2018

Good Works ceremony will honor North Texas’ top young philanthropists, spotlight their charities

While a single philanthropist will receive the Good Works Under 40 Award on Wednesday night, the spotlight will be shared by North Texas’ many charitable causes and the people, particularly young adults, who are volunteering in their community.

Source: Dallas Morning News

OCTOBER 8, 2018

Meet The Top 5 Volunteers in Dallas

Five remarkable civic and business leaders under age 40 have been selected as finalists for the annual Good Works Under 40 (GWU40) Award. Presented by The Dallas Foundation and The Dallas Morning News, GWU40 celebrates volunteers who work to improve the future of North Texas and inspire others to make an impact.

Source: The Dallas Foundation

AUGUST 25, 2018

Affiliate of The Garden Group Makes Inc. 5000 List

The Garden Group announced today that Mars Services, a member of The Garden Group network, was selected for the 2018 Inc. 5000 list of fastest growing companies in America. 2018 marks the second year in a row for Mars Services to make the Inc. 5000 list.

Source: The Garden Group and Mars Services

JANUARY 8, 2018

Court Confirms $8 million Ruling in Favor of Former Acis Partner Josh Terry

A Dallas court has ruled in favor of former Acis Capital Management partner Josh Terry in his long-running dispute with the asset management company, according to court documents seen by Creditflux.

Source: CreditFlux

NOVEMBER 27, 2017

Highland Capital Used False Pretexts in Ousting of Portfolio Manager, Panel Finds 

An arbitration panel found that fund-management company Highland Capital Management used pretexts and false allegations of a sexual relationship with a co-worker to fire a portfolio manager without paying millions of dollars a Highland affiliate owed him.

Source: Wall Street Journal

NOVEMBER 27, 2017

Arbitration Panel Finds for Josh Terry in Highland Capital Wrongful Dismissal Case 

An arbitration panel investigating Josh Terry’s June 2016 dismissal from Highland Capital found in favor of the former portfolio manager.

Source: Peltz International

NOVEMBER 17, 2017

Update: Former Acis CLO Portfolio Manager Awarded $8 Million in Arbitration

Acis and Josh Terry’s legal representative each provide statements to Creditflux following an arbitration ruling this week.

Source: CreditFlux

OCTOBER 23, 2017

The Garden Group’s Network Company Mars Services Makes Inc. 5000 List

The Garden Group announced today that Mars Services, a member of The Garden Group network of companies, was selected for the Inc. 5000 Fastest Growing Private Companies list. Mars Services ranked 981 on the list, representing three-year sales growth of over 440 percent. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small and mid-sized businesses.

Source: The Garden Group and Mars Services

AUGUST 1, 2017

The Garden Group Announces Additional Investment in Mars Services

The Garden Group announced today that it has purchased additional interests in its affiliates, Mars Carpet Cleaning, LLC, Mars Resurfacing, LLC and Mars Housekeeping, LLC, from its former partner, Kevin Howard. After over five years at Mars, Kevin Howard has decided to sell his ownership in order to pursue new entrepreneurial endeavors in different industries.

Source: The Garden Group and Mars Services

JUNE 17, 2017

New Service Lines for Mars Services

The Garden Group announced today that Mars Services, a member of The Garden Group network of companies, is excited to announce that it has expanded its service lines to include HVAC, Plumbing, Electrical and Pest Control.

Source: The Garden Group and Mars Services

JUNE 11, 2015

Late 2014 CLO’s Cash In on Good Ramp-up Conditions

Loan sell-off gives big gains to quick buyers.

Source: CreditFlux

NOVEMBER 28, 2013

Lenders, Companies Balk at Proposed Loan Rules

An attempt by regulators to prevent the kind of lax underwriting that exacerbated the financial crisis is running into resistance from corporations, investors and asset managers who said new rules will cripple a $300 billion market for loans to U.S. companies.

Source: Wall Street Journal

MAY 9, 2013

Too Many CLO Cooks Can Spoil the Broth

New issuances of collateralized loan obligations have risen steadily since 2011 but too many new issuers in the market can pose a danger.

Source: Institutional Investor

APRIL 4, 2013

CLO 2013 Outlook: Good Opportunities for Significant Returns

The CLO market enjoyed a resurgence of sorts in 2012 with approximately USD50billion in new issuance, overshadowing the paltry figure of around USD13billion in 2011. Much of this CLO activity remains in the US, where major players such as Dallas-based Highland Capital Management LP – the largest US CLO manager by AUM (approximately USD14billion) – and New York-based BlueMountain Capital Management continue to originate deals.

Source: Hedgeweek

AUGUST 12, 2011

CLO Equity Still Rolling Out

The CLO market enjoyed a resurgence of sorts in 2012 with approximately USD50billion in new issuance, overshadowing the paltry figure of around USD13billion in 2011. Much of this CLO activity remains in the US, where major players such as Dallas-based Highland Capital Management LP – the largest US CLO manager by AUM (approximately USD14billion) – and New York-based BlueMountain Capital Management continue to originate deals.

Source: Global Capital

AUGUST 10, 2011

Hewitt Shareholders Nominate Hedge Fund as $243 Million CLO Manager

Texas hedge fund adviser Highland Capital Management and it’s affiliate, Acis Capital Management, L.P., is now the successor Collateral Manager of Hewitt’s Island CLO I-R Ltd, with approximately $243 million of assets under management.

Source: HedgeCo.net

MAY 4, 2011

US CLO’s Revive as Loan Markets Surge

The collateralized loan obligation market has been one of the surprise recovery stories of the past year. US managers are reappraising the opportunities it provides. Will the revival continue, and can it catch on in Europe? Joti Mangat reports.

Source: EuroMoney