Clients
Hildene Capital Management serves 82 clients, 76 of them pooled investment vehicles. The average client has about $246 million with the firm.
- Pooled investment vehicles76 clients62%
- Insurance companies6 clients34%
- Corporations and other businesses4%
- Other0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 76 | $12,517,004,293 | 62.0% | $164.7M |
| Insurance companies | 6 | $6,849,605,454 | 33.9% | $1.14B |
| Corporations and other businesses | Not reported | $786,328,258 | 3.9% | — |
| Other | Not reported | $30,177,312 | 0.1% | — |
| Total | 82 | $20,183,115,317 | 100% | $246.1M |
- Clients
- 76
- Regulatory AUM
- $12,517,004,293
- Share
- 62.0%
- Avg. per client
- $164.7M
- Clients
- 6
- Regulatory AUM
- $6,849,605,454
- Share
- 33.9%
- Avg. per client
- $1.14B
- Clients
- Not reported
- Regulatory AUM
- $786,328,258
- Share
- 3.9%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $30,177,312
- Share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 82
- Regulatory AUM
- $20,183,115,317
- Share
- 100%
- Avg. per client
- $246.1M
What it does
Hildene Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Hildene Capital Management advises 74 private funds.
Nearly all assets ($20.17B across 87 accounts) are managed with discretion; $9.21M across 1 account is not. 54% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Funds75%
- Pooled vehicles49%
- Registered funds26%
- Bonds20%
- Investment grade corporate bonds19%
- State and local bonds1%
- Cash4%
- Other1%
- Derivatives1%
Custodians
Hildene Capital Management’s client accounts are held mainly at State Street Bank and Trust, with 24% of managed assets, and U.S. Bank, National Association, with 6%. Hildene Capital Management has custody of client assets.
- U.S. Bank, National AssociationU.S. Bank, National Association · Milwaukee, WI · $1.13B6%
- State Street Bank and TrustState Street Bank and Trust Company · North Quincy, MA · $4.90B24%
- All other custodians$14.15B70%
Ownership and leadership
Hildene Holding Company, LLC owns 75% or more of Hildene Capital Management.
- Owns 75% or more of Hildene Capital Management, LLC
Hildene Holding Company, LLC
Control person · since December 2007
- Owns 75% or more of Hildene Holding Company, LLC
BRJ Holdings III, LLC
Control person · since December 2022
- Owns 75% or more of BRJ Holdings III, LLC
BRJ-H 2017 Trust
Control person · since May 2019
Alliance Trust Company, LLC
Administrative trustee · Control person · since November 2017
Jack Carlisle
Benefits trustee · Control person · since November 2017
Brett Jefferson
Class a member and manager · Control person · since January 2008
Leadership
- Brett JeffersonPresident, Co-Chief Investment Officer and Manager
- David ShermanChief Financial Officer
- Jennifer NamChief Operating Officer
- Lisa HarrisChief Compliance Officer
- Justin GregoryPortfolio Manager
- Dushyant MehraCo-Chief Investment Officer
- Gregory ResnickGeneral Counsel
- John ScannellSenior Advisor
Staff
- 33 employees
- 18 in advisory functions
- 1 soliciting firm
Fees
Hildene Capital Management is paid through a percentage of assets under management and performance-based fees.
Hildene Capital Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Hildene Capital Management has 1 office, with 2 listed addresses across 2 states.
Connecticut · 1 listed address
- 333 Ludlow Street, South Tower, 5th Floor, StamfordHQ
North Carolina · 1 listed address
- 324 Blackwell ST, Durham
Registration details
- Legal name
- Hildene Capital Management, LLC
- Headquarters
- 333 Ludlow Street, South Tower, 5th Floor, Stamford, CT 06902
- Phone
- 203-517-2500
- Website
- www.hildenecap.com
- SEC file
- 801-73616
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Hildene Capital Management have?
Hildene Capital Management has 82 clients and manages $20.2 billion for them, as of April 2026. They include 76 pooled investment vehicles and 6 insurance companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 April 2026
What services does Hildene Capital Management offer?
Hildene Capital Management provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Hildene Capital Management use?
Hildene Capital Management’s separately managed account assets are held at State Street Bank and Trust Company (North Quincy, MA), with $4,898,780,404 and U.S. Bank, National Association (Milwaukee, WI), with $1,133,631,273. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 April 2026
How many financial advisors does Hildene Capital Management have?
Hildene Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 33 employees, and 18 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Hildene Capital Management invest in?
At the end of its last fiscal year, Hildene Capital Management’s separately managed accounts held 49% pooled vehicles (private funds and similar), 26% registered funds (mutual funds, ETFs, BDCs), 19% investment grade corporate bonds, 4% cash and equivalents, 1% state and local bonds and 1% derivatives. It advises 74 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Hildene Capital Management?
Hildene Capital Management’s direct owner is Hildene Holding Company, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 April 2026
How does Hildene Capital Management get paid?
Hildene Capital Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file