13D Filing: Highland Capital Management and Rait Financial Trust (RAS)

Name of
reporting person

Highland Capital Management Fund Advisors, L.P.

Check the appropriate box if a member
of a group (see instructions)

(a)  ☐        (b)  ☐

SEC use only

Source of funds (see instructions)

AF, OO

Check if disclosure of legal
proceedings is required pursuant to Items 2(d) or 2(e)  ☐

Citizenship or place of
organization

Massachusetts

Number of

shares

beneficially

owned by

each

reporting

person

with

Sole voting power

0

Shared voting power

2,833,250

Sole dispositive power

0

Shared dispositive power

2,833,250

Aggregate amount beneficially owned by each reporting person

2,833,250

Check if the aggregate amount in Row
(11) excludes certain shares (see instructions)  ☐

Percent of class represented by amount
in Row (11)

3.1%

Type of reporting person (see
instructions)

IA, PN