Hbk Investments L.P. is a large advisory firm based in Dallas. It manages $29.74 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Delaware, Texas, and Virginia.
Hbk Investments 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.
The assets under management (AUM) of Hbk Investments L.P. is $29.74 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 380% since the beginning of its operation, and $20.86 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Hbk Investments L.P. for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Hbk Investments is pooled investment vehicles with 7 clients and $29.74 billion of assets under management. Among the 8 most similar advisory firms, Hbk Investments has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $29.74 billion for 7 clients. 57% of the firm’s clients are foreign persons or businesses.
Hbk Investments also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $3,000,000.
The company employs 253 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. 3 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.
The principal office where Hbk Investments L.P. performs its advisory services is located at 2300 North Field Street, Dallas, TX 75201 7849, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 214-758-6107 or by fax 214-758-1207. The normal business hours are 8:00 am to 5:30 pm on Monday - Friday. You can find more information about the New York firm at hbk.com.