Highland Capital Management, a Dallas, TX-based investment management firm, has hired Andrea Lloyd as a credit trader and Scott Baker as a director.

Lloyd re-joins Highland having once worked there for six years and now trades bank loans and high yield bonds in the primary and secondary markets. Based in Dallas, she reports to Josh Terry, managing director and head of structured products and trading.

Meanwhile, Baker is responsible for identifying new opportunities, assessing risk and conducting due diligence on the firm’s investment ideas, as well as developing investment recommendations. He is also based in Dallas and reports to Martin Downen, managing director.

Before joining Highland, Baker worked as an investment associate for Sankaty Advisors, the credit affiliate of Bain Capital.

Highland Capital Management is an SEC-registered investment advisor which, together with its affiliates, has some $19 billion of assets under management. Besides its Dallas headquarters, the firm has offices in New York, London, Singapore, and Seoul.