BillionaireNet
Higgins
Brian Higgins
Rank #2131
UNITED STATESFinance & InvestmentsHedge funds

Brian Higgins

Net Worth
$1.8B
0% (24h)
Brian Higgins, co-founder of King Street Capital Management, is a prominent figure in the hedge fund industry, with a net worth of $1.8 billion. His wealth source is primarily derived from his success in hedge funds, where he's built a career focused on distressed debt and special situations. Higgins, a US citizen, is known for his disciplined execution, focusing on value investing and capitalizing on financial challenges within companies. He is also actively involved in philanthropy, serving as a trustee for the Harlem Children's Zone.

The Full Dossier

Early Life and Education

Brian Michael Higgins was born on October 6, 1959, in Buffalo, New York. He graduated from Buffalo State College with a B.A. in Political Science in 1984 and an M.A. in History in 1985. Furthering his education, he earned an MPA from Harvard University's John F. Kennedy School of Government in 1996.

Rise to Success

Higgins began his career at First Boston in the firm's Merchant Banking and Distressed Securities Groups, subsequently helping to form the First Boston Special Situations Fund. He co-founded King Street Capital Management in 1995 with O. Francis Biondi. Under Higgins's leadership, King Street grew into a leading global alternative asset manager, managing approximately $26 billion in assets as of 2024. His firm specializes in distressed debt and credit strategies.

Key Business Strategies

King Street Capital Management, under Higgins, focuses on rigorous fundamental research, tactical trading, and differentiated sourcing. The firm identifies opportunities across various asset classes and geographies, including public and private credit, structured credit, and real estate. Higgins's investment strategy is rooted in value investing, where he seeks undervalued assets.

Philanthropy

Higgins and co-founder O. Francis Biondi manage the King Street Charitable Trust. The trust donates to medical research and Villanova University, Higgins' alma mater. Brian Higgins serves as a board member of the Harlem Children's Zone.

Career Timeline

2024

Resigned from U.S. House of Representatives

Served as the U.S. Representative for New York's 26th Congressional District.

2023

Received Institutional Investor Lifetime Achievement Award

Recognized for his contributions to the finance industry.

1995

Co-founded King Street Capital Management

Established a global alternative investment firm with O. Francis Biondi.

1987

Began career at First Boston

Joined First Boston's Merchant Banking Group.

Philanthropic Impact

Children's Education and Well-being$0

Harlem Children's Zone

Serves as a board member.

Medical Research and Education$0

King Street Charitable Trust

Donates to medical research and Villanova University.

Wealth Trajectory