Highbridge Capital Management

Highbridge Capital Management, LLC is a global alternative investment management organization founded in 1992. For nearly two decades, Highbridge has been dedicated to helping investors meet their specific alternative investment needs and objectives. Since its inception, the firm has evolved and developed a diversified multi-strategy investment platform built on a foundation of deep industry expertise with a fundamental focus on capital preservation and risk management. The platform represents a range of world-class solutions comprising hedge funds, traditional investment management products, and credit and equity investments with longer-term holding periods.

The evolution of Highbridge

 

Thought leadership

 
Generating Income in a Low-Yield Environment
Generating Income in a Low-Yield Environment
In this "low for long" rate environment, generating high and stable income remains a challenge for investors who need to maintain portfolio yields. However, certain market dynamics are creating opportunities to pick up compelling yields across a range of asset classes, each with varying levels of risk-based capital intensity.
 
A Global Cornucopia—Accessing commodities in a long-term portfolio
This paper explores the case for commodities as part of a well-diversified portfolio with a long-term investment horizon.
 

 

The evolution of Highbridge

 
In December 2004, J.P. Morgan Asset Management purchased a majority interest in Highbridge, creating one of the largest and most significant strategic alliances in the hedge fund industry. In July 2009, J.P. Morgan Asset Management completed its purchase of substantially all remaining shares of the firm. This transaction remains at the vanguard of the institutionalization of the hedge fund industry and is widely viewed as a model of success.

Highbridge Principal Strategies ("HPS") was launched in 2007 as the firm's principal investing business. HPS is now a multi-billion dollar business that manages debt and equity opportunities with longer-term holding periods, including loan, mezzanine, private equity and other investments.

Following the success of the Highbridge / J.P. Morgan strategic partnership, Highbridge announced in October 2010 the purchase of a majority interest in Gávea Investimentos, one of Brazil’s leading alternative investment management firms. With headquarters in Rio de Janeiro and offices in São Paulo, Gávea brings over 100 employees to its partnership with Highbridge.

 


Highbridge today

 

With over 475 employees located globally, including more than 130 investment professionals*, the firm has the unique ability to leverage resources and knowledge across several continents and both developed and emerging markets. Highbridge and its affiliates manage over $26 billion* in capital for some of the world's most prominent institutional investors, public and corporate pension funds, endowments, foundations and family offices. The firm is based in New York with offices in London, Hong Kong, Rio de Janeiro and São Paulo.

For more information on Highbridge, please visit highbridge.com


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Expert Insights

 
Positioned for growth through a diverse platform



Glenn Dubin, CEO and Chairman of Highbridge, reflects on the evolution of Highbridge and the benefits of a more experienced and structured management team. Watch the video

Strategic value of the Highbridge/J.P. Morgan partnership



Todd Builione, CEO of Hedge Fund Business and President of Highbridge, explains the advantages of the Highbridge and J.P. Morgan relationship. Watch the video

New opportunities in public and private financing



Aren LeeKong, Managing Director, Highbridge Principal Strategies, discusses changes in the credit markets and investment solutions in public and private financing. Watch the video


 
 

 
 

 

*Includes Highbridge and its affiliates, as of 1/31/12

The managers seek to achieve the stated objectives. There can be no guarantee the objectives will be met.

Arbitrage strategies are highly complex. Such trading strategies are dependent upon various computer and telecommunications technologies and upon adequate liquidity in markets traded. The successful execution of these strategies could be severely compromised by, among other things, illiquidity of the markets traded. These strategies are dependent on historical correlations that may not always be true and may result in losses.

Highbridge Capital Management LLC, investment adviser.

 

 
 
FOR INSTITUTIONAL USE ONLY

This website is intended to report solely on the investment strategies and opportunities identified by J.P. Morgan Asset Management. Additional information is available upon request. Information herein is believed to be reliable but J.P. Morgan Asset Management does not warrant its completeness or accuracy. Opinions and estimates constitute our judgment and are subject to change without notice. Past performance is not indicative of future results. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The investments and strategies discussed herein may not be suitable for all investors; if you have any doubts you should consult your J.P. Morgan Asset Management Client Adviser, Broker or Portfolio Manager. The material is not intended to provide, and should not be relied on for, accounting, legal or tax advice, or investment recommendations. You should consult your tax or legal adviser about the issues discussed herein.

J.P. Morgan Asset Management is the marketing name for the asset management businesses of JPMorgan Chase & Co. Those businesses include, but are not limited to, J.P. Morgan Investment Management Inc., Security Capital Research & Management Incorporated and J.P. Morgan Alternative Asset Management, Inc.

 


 
 

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