Highbridge Principal Strategies, LLC (New York)


Highbridge Principal Strategies, LLC is a large advisory firm based in New York. It manages $19.16 billion of regulatory assets for 65 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida and Texas.

Highbridge Principal Strategies provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Highbridge Principal Strategies: assets under management

The assets under management (AUM) of Highbridge Principal Strategies, LLC is $19.16 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $19.16 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $294.72 million each.
Highbridge Principal Strategies has custody of $5.85 billion in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Highbridge Principal Strategies, LLC for their services and products based on a percentage of assets under management and 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.

Indirect Owners

The SEC currently registers 16 indirect owners.

Name Entity Date acquired Ownership Employer ID
Jpmorgan Chase & Co. Shareholder 1 Oct 2003 75% - 100% 13-2624428
Jpmorgan Asset Management Holdings Inc. Member 1 Dec 2004 75% - 100% 13-4131516
Llc Highbridge Principal Strategies Shareholder 1 Aug 2008 75% - 100% 30-0931099
Llc Hps Investment Partners Shareholder 1 Aug 2008 75% - 100% 30-0931099
Richard Bradshaw Kapnick Trustee 1 Nov 2011 Other 6637750
Lp Pierbridge Group Holdings I Sole member 1 Dec 2015 75% - 100% 30-0931099
L.P. Hps Group Holdings I Sole member 1 Dec 2015 75% - 100% 30-0931099
Purnima Puri Board member 1 Mar 2016 Other 2931334
Faith Rosenfeld Board member 1 Mar 2016 Other 1051168
Michael D. Patterson Board member 1 Mar 2016 Other 4697996
Scott Bancroft Kapnick Board member 1 Mar 2016 25% - 50% 1690222
Scot Powell French Board member 1 Mar 2016 Other 2795950
Llc Pierbridge Group Gp General partner 1 Mar 2016 Other 81-1740614
Lp Pierbridge Group Limited partner 1 Mar 2016 75% - 100% 61-1786435
Llc Hps Group Gp General partner 1 Mar 2016 Other 81-1740614
L.P. Hps Group Limited partner 1 Mar 2016 75% - 100% 61-1786435

Based in New York

The principal office where Highbridge Principal Strategies, LLC performs its advisory services is located at 40 West 57 Th Street, 33 Rd Floor, New York, NY 10019, which is also the mailing address of the firm. An additional office of the firm is in Houston, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-287-6767 or by fax 212-287-6777. The normal business hours are 8am - 6pm on Monday - Friday. You can find more information about the New York firm at highbridge.com.