Highland Financial Partners, L.P., through its subsidiaries, holds equity interests in collateralized debt issuers that own residential mortgage-backed securities and the debt tranches of third-party collateralized debt obligations; corporate leveraged loans and debt tranches of third-party collateralized loan obligations; senior secured loans of U.S. borrowers; and senior secured, second lien, and mezzanine loans of European borrowers. The company was formerly known as Highland Financial Trust and changed its name to Highland Financial Partners, L.P. in February, 2006. Highland Financial Partners, L.P. was founded in 2006 and is based in Dallas, Texas.