{"url":"https://nivawealth.com/firms/king-street-capital-management-156785","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156785","regulatoryAum":34568100000,"crd":"156785","secFileNumber":"801-73828","legalName":"King Street Capital Management, L.P.","displayName":"King Street Capital Management","website":"https://www.kingstreet.com","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"299 Park Avenue, 40th Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10171"},"tradeNames":["King Street (europe) LLP","King Street (japan) Limited","King Street (mena) Limited","King Street (singapore) Pte. LTD.","Rockford Tower Capital Management, L.L.C."],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":247,"advisory":99,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":34568100000,"discretionaryAccounts":73,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":85,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":73,"regulatoryAum":34568100000}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"King Street Capital Management has custody of $13.62B for 43 clients.","otherCustodians":[],"leadership":[{"name":"Bennett Kaufman","title":"Chief Financial Officer and Managing Director","crd":"2790297"},{"name":"Kristerfor Mastronardi","title":"Chief Operating Officer and Managing Director","crd":"4838897"},{"name":"Ricardo Marano","title":"Chief Compliance Officer; Managing Director & Counsel","crd":"6021241"},{"name":"David Charnin","title":"General Counsel and Managing Director","crd":"5979561"},{"name":"Brian Higgins","title":"Managing Member of King Street Capital Management GP, L.L.C.","crd":"1989900"}],"ownership":[{"label":"King Street Membership Holdings IV, L.L.C.","detail":"Limited partner in the 75% or more ownership band and a control person, since October 2022."},{"label":"Brian Higgins","detail":"Indirect owner: a managing member of King Street Membership Holdings II, L.L.C. in the 75% or more band and a control person, since January 2009. Also managing member of King Street Capital Management GP, L.L.C. and a control person, since January 2009. Also a managing member of King Street GP MH I, L.L.C. in the 75% or more band and a control person, since October 2022. Also a managing member of King Street GP MH II, L.L.C. in the 75% or more band and a control person, since October 2022. Also a managing member of King Street Membership Holdings III, L.L.C. in the 75% or more band and a control person, since October 2022.","parent":"King Street Membership Holdings II, L.L.C."},{"label":"King Street GP MH I, L.L.C.","detail":"Indirect owner: a member of King Street Capital Management GP, L.L.C. in the 25% to 50% band and a control person, since October 2022.","parent":"King Street Capital Management GP, L.L.C."},{"label":"King Street GP MH II, L.L.C.","detail":"Indirect owner: a member of King Street Capital Management GP, L.L.C. in the 25% to 50% band and a control person, since October 2022.","parent":"King Street Capital Management GP, L.L.C."},{"label":"King Street Membership Holdings II, L.L.C.","detail":"Indirect owner: a member of King Street Membership Holdings IV, L.L.C. in the 25% to 50% band and a control person, since October 2022.","parent":"King Street Membership Holdings IV, L.L.C."},{"label":"King Street Membership Holdings III, L.L.C.","detail":"Indirect owner: a member of King Street Membership Holdings IV, L.L.C. in the 25% to 50% band and a control person, since October 2022.","parent":"King Street Membership Holdings IV, L.L.C."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"530 Lytton Ave","city":"Palo Alto"}]},{"state":"Florida","offices":1,"addresses":[{"street":"222 Lakeview Avenue","city":"West Palm Beach"}]},{"state":"New York","offices":1,"addresses":[{"street":"299 Park Avenue, 40th Floor","city":"New York","headquarters":true}]},{"state":"Virginia","offices":1,"addresses":[{"street":"5 Boar'S Head Lane","city":"Charlottesville"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-812-3100","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":63},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156785/PDF/156785.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does King Street Capital Management have?","answer":"King Street Capital Management has 73 clients and manages $34.6 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does King Street Capital Management offer?","answer":"King Street Capital Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does King Street Capital Management have?","answer":"King Street Capital Management has 0 investment adviser representatives registered with state securities authorities, out of 247 employees, and 99 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns King Street Capital Management?","answer":"King Street Capital Management is owned through a chain of holding companies by Brian Higgins and King Street Membership Holdings III, L.L.C. Its direct owners are King Street Membership Holdings IV, L.L.C. (75% or more), King Street GP MH I, L.L.C. (25% to 50%) and King Street GP MH II, L.L.C. (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does King Street Capital Management get paid?","answer":"King Street 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/king-street-capital-management-156785/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1218199/000117266126003543/0001172661-26-003543-index.html","totalValue":189671275,"positionCount":6,"top10Share":1,"top10":[{"issuer":"SURGERY PARTNERS INC","titleOfClass":"COM","cusip":"86881A100","value":101776768,"shares":6058141,"shareType":"SH","priorValue":121938382,"priorShares":10229730},{"issuer":"ISHARES TR","titleOfClass":"BROAD USD HIGH","cusip":"46435U853","value":36982980,"shares":999000,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"IBOXX HI YD ETF","cusip":"464288513","value":18960887,"shares":237100,"shareType":"SH"},{"issuer":"TALEN ENERGY CORP","titleOfClass":"COM","cusip":"87422Q109","value":18060220,"shares":47000,"shareType":"SH","priorValue":15003810,"priorShares":47000},{"issuer":"VISTRA CORP","titleOfClass":"COM","cusip":"92840M102","value":9359170,"shares":59000,"shareType":"SH","priorValue":8869470,"priorShares":59000},{"issuer":"OPTIMUM COMMUNICATIONS INC","titleOfClass":"CL A","cusip":"02156K103","value":4531250,"shares":3125000,"shareType":"SH","priorValue":10441764,"priorShares":8032126}],"positionsListed":6,"positions":[{"issuer":"SURGERY PARTNERS INC","titleOfClass":"COM","cusip":"86881A100","value":101776768,"shares":6058141,"shareType":"SH","priorValue":121938382,"priorShares":10229730},{"issuer":"ISHARES TR","titleOfClass":"BROAD USD HIGH","cusip":"46435U853","value":36982980,"shares":999000,"shareType":"SH"},{"issuer":"ISHARES TR","titleOfClass":"IBOXX HI YD ETF","cusip":"464288513","value":18960887,"shares":237100,"shareType":"SH"},{"issuer":"TALEN ENERGY CORP","titleOfClass":"COM","cusip":"87422Q109","value":18060220,"shares":47000,"shareType":"SH","priorValue":15003810,"priorShares":47000},{"issuer":"VISTRA CORP","titleOfClass":"COM","cusip":"92840M102","value":9359170,"shares":59000,"shareType":"SH","priorValue":8869470,"priorShares":59000},{"issuer":"OPTIMUM COMMUNICATIONS INC","titleOfClass":"CL A","cusip":"02156K103","value":4531250,"shares":3125000,"shareType":"SH","priorValue":10441764,"priorShares":8032126}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}