Hildene Capital Management
Hildene Capital Management, founded in 2008, specializes in asset-based and credit opportunities, managing over $14.5 billion in assets with a diversified institutional approach.
History of Hildene Capital Management
Hildene Capital Management was founded in 2008. The firm has developed a strong reputation within the asset-based and credit opportunities sector. Over the years, Hildene Capital Management has grown to manage more than $14.5 billion in assets. It has a diverse institutional asset management approach, reflected in their disciplined, systematic strategy for credit investments. Notably, the firm has a notable history of voluntary capital returns and deferral of hedge fund incentive fees.
Hildene Capital Management Services
Hildene Capital Management specializes in asset-based and credit opportunities. The firm's services include structured credit, opportunistic credit, and private credit strategies. Structured credit includes investments such as CLOs, ABS, and TruPS CDOs. The private credit strategies offer diverse exposure to residential, consumer, and multifamily assets. Hildene aligns its interests with clients by investing significant internal capital alongside them, ensuring a commitment to their systematic approach to credit investments.
Hildene Capital Management Key Partnerships
Hildene Capital Management has formed several strategic partnerships to enhance its market position. In January 2023, the company entered a long-term strategic alliance with SILAC Insurance Company. In December 2022, it developed a strategic relationship with CrossCountry Mortgage, focused on non-QM investments. Additionally, Hildene formed a partnership with Leucadia Asset Management in March 2022 to further bolster its investment capabilities.
Recent Initiatives at Hildene Capital Management
Hildene Capital Management has recently undertaken several significant initiatives. In November 2022, the firm launched a $1 billion reinsurer and introduced Hildene Re, a Class B(iii) insurance company. The company also completed major non-QM loan securitizations, including a $333 million transaction in November 2023 and a $318.4 million transaction in February 2024. These initiatives demonstrate Hildene's ongoing commitment to innovation and growth within the asset management sector.
Awards and Recognitions for Hildene Capital Management
Hildene Capital Management has received several awards and recognitions, underscoring its excellence in asset management. Notably, the firm was named Hedge Fund of the Year in 2020. These accolades reflect Hildene's strong track record in structured credit and its effective management across various cycles and product types.