Highfields Capital Management
Highfields Capital Management was a prominent value-oriented hedge fund and investment management firm that oversaw private investment funds for endowments, charitable foundations, pension funds, and institutional as well as high-net-worth investors. Founded in 1998 by Jonathon Jacobson, the firm invested globally in public and private companies across multiple industries and asset classes. In 2018, Highfields Capital returned billions of dollars to its clients and transitioned into a family office, marking the end of its two decades as one of the leading hedge funds in value investing.
ABOUT HIGHFIELDS CAPITAL
Highfields Capital Management was a respected pillar in the hedge fund industry with a strong value investing heritage.
The firm built recognition by managing approximately $10–12 billion in assets at its peak, serving institutional and private clients such as endowments, pension funds, foundations, and wealthy individuals.
The firm pursued a long-term fundamental value investment strategy, spanning global public equities, select private investments, and fixed income instruments.
Over its lifespan, Highfields delivered an annualized return of ~10%, outperforming the MSCI World (~6.7%) and the S&P 500 (~7.4%).