King Street Capital Management

King Street Capital Management is a American investment management company founded in 1995 by Brian J. Higgins and Francis Biondi Jr.[2][3] As of 2019, King Street Capital Management managed approximately $17.9 billion of assets.[1][4]

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$ 17.9 billion
(2019)[1]
Websitewww.kingstreet.com

The company investments includes 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

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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.[6]

In 2017, the firm launched Rockford Tower, a collateralized-loan obligations business.[7]

In 2022, the firm launched a dedicated strategy investing in private credit.[6]

References

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  1. ^ a b "The largest managers of hedge funds (P&I Sep 2019)". No. Special Report Hedge Funds. United States: Pensions & Investments. Crain Communications Inc. 16 September 2019. Retrieved 15 October 2019.
  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. ^ "Out of the Shadows". Institutional Investor. February 1, 2012. Archived from the original on January 4, 2015.
  5. ^ "King Street Capital - Latest Holdings". Fintel.io. Retrieved 11 October 2019.
  6. ^ a b Tomkiw, Lydia (19 September 2024). "Hedge funds are diving deeper into a hot area: private credit". Pensions & Investments.
  7. ^ Thrasher, Michael (10 May 2023). "The Brothers of King Street Let Down Their Guard". Institutional Investor.
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