Bracebridge Capital

Bracebridge Capital is a prominent hedge fund manager based in Boston, Massachusetts. Established in 1994, the firm specializes in absolute return strategies, primarily within the global fixed income markets, aiming for capital preservation and returns uncorrelated with equities, interest rates, and foreign exchange markets. The firm manages assets for a diverse, sophisticated, global investor base, including endowments, foundations, pensions, and high-net-worth individuals. As of March 2023, Bracebridge Capital had $71.8 billion in assets under management.

The firm's investment approach emphasizes meticulous risk analysis to pursue absolute returns. Bracebridge Capital's team has deep experience in a wide range of fixed income instruments, with investment management principals having worked together for an average of more than 19 years. The firm values curiosity and mentorship as key components of its investment process, fostering a collaborative environment where motivated, dedicated, enthusiastic, and intellectually curious individuals thrive.

Bracebridge Capital has a notable track record, including a significant role in Argentina's debt restructuring in 2016, where it received $1.5 billion from the Argentine government. In April 2025, the firm provided debtor-in-possession financing to Hooters of America during its Chapter 11 bankruptcy proceedings, contributing to a $40 million loan package to support the company's operations during reorganization. Additionally, in October 2025, Bracebridge Capital was involved in shaping the Tropical Forests Forever Facility, a $125 billion initiative to finance tropical forest conservation through market-based investments, highlighting its commitment to innovative financial solutions in environmental conservation.