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Highbridge Capital Management

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Highbridge Capital Management, LLC
Company typeSubsidiary
IndustryHedge fund
Founded1992
FoundersGlenn Dubin and Henry Swieca
HeadquartersSolow Building
New York, New York, United States
AUM$25 Billion
OwnerJPMorgan Chase
Number of employees
300
Websitewww.highbridge.com

Highbridge Capital Management, LLC is a US$25 billion multi-strategy alternative investment management firm founded by Glenn Dubin and Henry Swieca in 1992.[1]

History

The firm was founded in 1992, by childhood friends Glenn Dubin and Henry Swieca. The company started with $35 million in capital and is named after the 19th-century aqueduct that connects Washington Heights and the Bronx. In 2004, J.P. Morgan Asset Management purchased 55% ownership of the firm, and then substantially all the remaining shares in 2009.[2][3]

The company maintains offices in New York, London, and Hong Kong. The firm operates as a subsidiary of J.P. Morgan Asset Management.[4]

In October 2015, it was reported that JPMorgan Chase was nearing a deal to sell the firm.[5]

See also

References

  1. ^ "Highbridge Capital Management - Investor Profile". HedgeTracker. 2013-03-31. Retrieved 2013-09-09.
  2. ^ "Firm Overview". Highbridge. Retrieved 2013-09-09.
  3. ^ "Purchase Of Highbridge Capital Management" (Press release). J.P. Morgan Chase. June 11, 2009. Archived from the original on April 26, 2012. Retrieved 2016-05-22. {{cite press release}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ "Highbridge Capital Management, LLC: Private Company Information". BusinessWeek. Retrieved 2013-09-09.
  5. ^ Chung, Juliet, and Emily Glazer, "J.P. Morgan Near Deal to Sell Majority of Highbridge Private Equity Business" (subscription access), Wall Street Journal, October 20, 2015. Retrieved 2015-10-20.