Asset-Based Finance
Hildene Capital Management (“Hildene”)1
Hildene is a multi-strategy credit manager seeking to generate returns with low correlation to broader credit markets by targeting assets with perceived mispricing, complexity premiums, and structural inefficiencies.
Structured
Credit
Hildene targets deep value opportunities across multiple asset classes, including CLOs, Mortgage-Backed Securities, Trust Preferred (TruPS) Securities CDOs and Asset-Backed Securities. Hildene dynamically allocates capital across cycles and product types based on evolving market dynamics.
Asset-Based
Credit
Hildene invests in housing-related private credit, sourcing assets through limited access channels and strategic relationships. Hildene focuses strategically on residential and multifamily asset-backed lending, providing differentiated exposure that complements traditional corporate credit portfolios.
Hildene’s Capabilities
New Issue Securitization
- Provide liquidity and price support during syndication
- Lead negotiation of core deal terms and documentation
Warehouse Credit Assets
- Mezzanine tranche solutions
- Equity tranche capital for portfolio formation
Secondary Market
- High-conviction security selection
- Activist and control-oriented strategies
- Relative value positioning to monetize market inefficiencies
Event
Driven
- Monetize liquidation/call-option dynamics
- Seek orphaned or mispriced assets trading at deep discounts
By The Numbers
1990
Hildene Inception Date
$0B
Firm AUM2
Learn more about Hildene Capital
(1) Hildene is an affiliated asset manager of Jefferies Asset Management. AUM figures may include assets managed by Hildene where noted. On December 5, 2025, Jefferies entered into an agreement to acquire a 50% interest in Hildene Holding Company, LLC, the parent of Hildene Capital Management, LLC and its affiliates (“Hildene”). Subject to customary closing conditions, including receipt of required regulatory and client approvals, the transaction is expected to close in the fourth quarter of 2026 however there can be no assurances that the closing conditions will be met or that the transaction will be consummated. (2) Please note that firm AUM as of 7/31/26 includes: (i) approximately $9.0 billion in private fund, separate account, insurance and reinsurance assets managed by Hildene Capital Management, LLC (“HCM”); (ii) approximately $7.8 billion par notional value of collateralized debt obligations managed by affiliates of HCM, including Hildene Collateral Management Company, LLC (“HCMC”), HCMC II, LLC (“HCMC II”), HCMC III, LLC (“HCMC III”), and Taberna European Capital Management, LLC (“Taberna Europe”); and (iii) approximately $2.0 billion par notional value (or fair value, if available) of collateralized debt obligations (“Sponsored CDO AUM”) managed by Hildene Structured Advisors, LLC (“HSA”). To avoid double-counting of Firm AUM, Sponsored CDO AUM excludes the fair value of securities issued by HSA-sponsored CDOs that are retained by HCM-managed accounts. HCMC, HCMC II, HCMC III, Taberna Europe, and HSA are each relying advisers of HCM.