Jump to content

King Street Capital Management

From Wikipedia, the free encyclopedia
King Street Capital Management, L.P.
Company typeLimited Partnership
IndustryInvestment management
Founded1995; 29 years ago (1995)
FoundersBrian J. Higgins and Francis Biondi Jr
Headquarters,
Area served
Worldwide
AUMUS$ 26 billion
(2024)[1]
Number of employees
250 (2024)
Websitewww.kingstreet.com

King Street Capital Management is an American investment management company founded in 1995 by Brian J. Higgins and Francis Biondi Jr.[2][3] As of 2024, King Street Capital Management managed approximately $26 billion of assets.[1] The firm employs approximately 250 employees and operates offices in New York, London, Singapore, Charlottesville, Virginia, Dublin, Tokyo, Dubai and Palo Alto.[4]

The company investments include public equity and fixed income markets globally with a focus in special situations credit, equity, bonds, and foreign exchange. Significant investments included Dish Network, PG&E, and Allergan.[5]

History

[edit]

King Street Capital Management was founded in 1995 and initially focused on distressed debt. Over the following years the firm invested in credit markets, including in performing, stressed, distressed, corporate, structured, asset-backed credit, and real estate.[1]

In 2017, the firm launched Rockford Tower, a collateralized-loan obligations business.[6]

In 2022, the firm launched a dedicated strategy investing in private credit.[1]

References

[edit]
  1. ^ a b c d Tomkiw, Lydia (19 September 2024). "Hedge funds are diving deeper into a hot area: private credit". Pensions & Investments.
  2. ^ McIntosh, Bill, ed., "The US50", The Hedge Fund Journal in association with Newedge Prime Brokerage Group. Accessed April, 2010.
  3. ^ "King Street Capital Management, L.P.: Private Company Information - Businessweek". investing.businessweek.com. Archived from the original on June 14, 2009. Retrieved 9 August 2012.
  4. ^ "King Street". King Street Capital Management.
  5. ^ "King Street Capital - Latest Holdings". Fintel.io. Retrieved 11 October 2019.
  6. ^ Thrasher, Michael (10 May 2023). "The Brothers of King Street Let Down Their Guard". Institutional Investor.
[edit]