LeaderPortfolio
Higgins
Brian Higgins
Rank #2289
UNITED STATESFinance & InvestmentsHedge funds

Brian Higgins

Net Worth
$1.8B
0% (24h)
Brian Higgins, born October 6, 1959, is a prominent figure in the finance and investment sector. As the co-founder of King Street Capital Management, a hedge fund focused on distressed debt, Higgins has amassed a net worth of $1.8 billion. His career began in 1987 at First Boston, where he worked in the Merchant Banking Group before moving to the Distressed Securities Group. Over three decades, Higgins has grown King Street into a leading global alternative asset manager. He is known for his value-oriented investment approach, which has contributed significantly to his success. He also serves on the board of Harlem Children's Zone.

The Full Dossier

Early Life and Education

Brian 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. He furthered his education with an MPA from Harvard University's John F. Kennedy School of Government in 1996.

Rise to Success

Higgins's career in finance began at First Boston in 1987. He started in the Merchant Banking Group, working on leveraged buyouts, bridge loans, and recapitalizations. He then joined the Distressed Securities Group. In 1995, Higgins co-founded King Street Capital Management with O. Francis Biondi. The firm focused on distressed debt, a strategy that proved successful and led to the growth of the company, managing approximately $26 billion in assets as of 2024. Higgins currently serves as the Founder, Managing Partner, and Co-Portfolio Manager of King Street Capital Management.

Key Business Strategies

King Street Capital Management employs a value-oriented investment approach, specializing in distressed debt and credit strategies. Their investment strategy is rooted in value investing, where they seek undervalued assets that offer promising returns. The firm identifies opportunities across asset classes and geographies, applying rigorous research and trading capabilities.

Philanthropy

Brian Higgins serves on the board of Harlem Children's Zone, an organization dedicated to ending intergenerational poverty in Central Harlem. He and his co-founder also manage the King Street Charitable Trust, donating to medical research and Villanova University, his alma mater.

Career Timeline

2024

Left the US House of Representatives

Resigned on February 2, 2024.

1995

Co-founded King Street Capital Management

Founded with Francis Biondi Jr.

1987

Began career at First Boston

Worked in the Merchant Banking Group.

Philanthropic Impact

Education & Community DevelopmentUnknown

Harlem Children's Zone

Serves on the board

Medical Research & EducationUnknown

King Street Charitable Trust

Donates to medical research and Villanova University.

Wealth Trajectory