Hildene Capital Management, LLC (Stamford)

Name: Hildene Capital Management, LLC
Address: 333 Ludlow Street, Stamford, CT, 06902
Telephone: 203-517-2500

Hildene Capital Management, LLC is a large advisory firm based in Stamford. It manages $9.59 billion of regulatory assets for 32 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Connecticut and Virgin Islands, U.S..

Hildene Capital Management 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.

Hildene Capital Management: assets under management

The assets under management (AUM) of Hildene Capital Management, LLC is $9.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2288% since the beginning of its operation, and $8.9 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $9.59 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $299.54 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 60% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hildene Capital Management, 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.

What kind of clients Hildene Capital Management serves?

The only and largest group of clients of Hildene Capital Management is pooled investment vehicles with 29 clients and $9.33 billion of assets under management. Among the 13 most similar advisory firms, Hildene Capital Management has the 6th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.33 billion for 29 clients. 72% of the firm’s clients are foreign persons or businesses.

Hildene Capital Management also advises several private funds. Namely, three hedge funds and twenty two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Hildene Capital Management, LLC

The company employs 24 people that are either part- or full-time employees. 46 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

Name	Entity	Date acquired	Ownership	Employer ID
Llc Hildene Holding Company	Sole member of hildene capital management, llc	1 Dec 2007	75% - 100%	27-1764870
John William Scannell	Chief operating officer and general counsel of hildene capital management, llc	1 Jan 2008	Other	4243629
Gary Ludwig Uhliar	Member of hildene leveraged credit	1 Mar 2013	Other	4422525
Sriram Balakrishnan	Member of hildene leveraged credit	1 Mar 2013	Other	2901731
Wesley Hastie Williams	Member of hildene leveraged credit	1 Mar 2013	Other	3271586
Jeffrey Robert Byrne	Member of hildene leveraged credit	1 Mar 2013	Other	4006757
Mario Alfonso Caicedo	Manager of hildene leveraged credit	1 Mar 2013	Other	6176051
Katja Julie Neuhaus	Manager of hildene leveraged credit	1 Mar 2013	Other	6176055
Brett Rodmann Jefferson	Principal of rpp advisors llc	1 Nov 2013	50% - 75%	2257196
David Robrich Hoffman	Chief compliance officer of hildene capital management, llc	1 Apr 2014	Other	6325711
Michael Nichol	Principal of rpp advisors llc	1 Jan 2015	Other	5302907
Scott J Farrell	Principal of rpp advisors llc	1 Jan 2015	Other	5352743
Allen Fu	Principal of rpp advisors llc	1 Mar 2016	Other	5020119
David Robrich Hoffman	Chief compliance officer and general counsel	1 Apr 2016	Other	6325711
Llc Hcmc Holding Company	Sole member of hildene collateral management company, llc (relying adviser)	1 Feb 2017	75% - 100%	81-4860310
Kevin Bravo Ferrer	Head of strategic operations	1 Jan 2018	Other	4764868
Dushyant Mehra	Co-chief investment officer	1 Apr 2018	Other	5204846
Justin G Gregory	Portfolio manager	1 Jan 2019	Other	4219342

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Brett Rodmann Jefferson	Class a member	1 Jan 2008	50% - 75%	2257196
Brett Rodmann Jefferson	Managing member	1 Feb 2017	50% - 75%	2257196

Based in Stamford

The principal office where Hildene Capital Management, LLC performs its advisory services is located at 333 Ludlow Street, Stamford, CT 06902, which is also the mailing address of the firm. An additional office of the firm is in Cruz Bay, St. John, VI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-517-2500 or by fax 203-517-2548. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at hildenecap.com/.