NEW YORK--(BUSINESS WIRE)-- Highbridge Capital Management today announced that Mark D’Andrea will join the firm as Head of Global Institutional Business Development effective January 3, 2011. Mr. D’Andrea will be based in New York, responsible for leading the firm’s institutional sales activities on a global basis.

“We are pleased to welcome Mark to Highbridge. This is a dynamic period in the industry, with simultaneous consolidation and growth. More and more institutional investors are seeking alternative asset management firms, but these institutional clients require a depth and breadth of client service that only a few will be able to provide,” said Glenn Dubin, CEO of Highbridge. “With his successful history of developing strong relationships with global institutional investors and deep understanding of their complex investment objectives, Mark will play a key role in Highbridge’s continued growth.”

"Joining Highbridge provides me with a unique opportunity to represent an institutional-quality firm with an outstanding global alternatives platform," said Mr. D'Andrea. "It is an exciting time to be part of Highbridge’s global distribution effort as institutional allocators are increasing their focus on managers with long track records of delivering high quality alpha-generating solutions to their clients."

Mr. D'Andrea joins Highbridge from BlackRock, Inc., where he led a team focused on business development and client service for many of the firm’s largest institutional clients. Previously, Mr. D’Andrea spent nine years with Barclays Global Investors, where his efforts managing a team and overseeing several large strategic institutional client relationships were instrumental in developing and building BGI's alternatives business.

About Highbridge Capital Management

Highbridge Capital Management, LLC, is an alternative asset management firm founded in 1992. The company has developed a diversified investment platform comprising hedge funds, traditional investment management products, and credit and equity investments with longer-term holding periods. Highbridge and its affiliates manage approximately $27 billion in capital for many of the world’s most prominent institutional investors, public and corporate pension funds, endowments, foundations and family offices. The firm is based in New York with offices in London, Hong Kong, and Tokyo and employs more than 360 people, including 105 investment professionals.

In late 2004, J.P. Morgan Asset Management purchased a majority interest in Highbridge, creating one of the first and most significant strategic alliances in the hedge fund industry to-date. In July 2009, J. P. Morgan Asset Management completed its purchase of substantially all remaining shares of the firm --- a transaction that remains at the vanguard of the institutionalization of the hedge fund industry.

Following the success of the Highbridge / J.P. Morgan strategic partnership, Highbridge announced in October 2010 the purchase of a majority interest in Gávea Investimentos, one of Brazil’s leading alternative asset management firms. With headquarters in Rio de Janeiro and offices in São Paulo, Gávea brings approximately 120 employees to its partnership with Highbridge.

CONTACT:

Finsbury Group
Tripp Kyle / David Millar
+1 (212) 313-7600
highbridge@finsbury.com
or
Highbridge Capital Management
Lisa Steele, +1 (212) 287-4277
lisa.steele@highbridge.com

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