Highfields Capital Management LP (Boston)
Highfields Capital Management LP is a large advisory firm based in Boston. It manages $4.67 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.
Highfields Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Highfields Capital Management: assets under management
The assets under management (AUM) of Highfields Capital Management LP is $4.67 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -71% since the beginning of its operation, and $2.79 billion of the total AUM is attributable to clients outside of the United States.
Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Highfields Capital Management LP for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Highfields Capital Management serves?
The only and largest group of clients of Highfields Capital Management is pooled investment vehicles with 6 clients and $4.67 billion of assets under management. Among the 11 most similar advisory firms, Highfields Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $4.67 billion for 6 clients. 50% of the firm’s clients are foreign persons or businesses.
Highfields Capital Management also advises several private funds. Namely, six hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.
Careers at Highfields Capital Management LP
The company employs 35 people that are either part- or full-time employees. 14 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 13 indirect owners.Based in Boston
The principal office where Highfields Capital Management LP performs its advisory services is located at 200 Clarendon St., Boston, MA 02116, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 617-850-7500 or by fax 617-850-7501. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at hcmclient.com.
Registered investment advisers similar to Highfields Capital Management LP
- Cramer Rosenthal Mcglynn
- First Eagle Private Credit
- Madison Asset Management
- Nnip Advisors B.V
- Franklin Templeton Investments (Asia) Limited
- Parametric Portfolio Associates
- Hydrogen Investment Management
- Taube Hodson Stonex Partners
- Mesirow Financial Private Equity Advisors
- Sk Capital Partners
- Freestone Capital Management
- Merit Energy Company
- Olympus Investment Management
- Wertz York Capital Management Group
- Churchill Asset Management