investment management founded 1991 founder harlan b. korenvaes headquarters dallas texas key people david costen haley president and managing director john baker gentry managing director and chief financial officer mr. kevin alan o neal managing director and chief operating officer 1 aum 9.7 billion october 2015 number of employees 200 2015 website www.hbk.com hbk investments hbk capital management is a global multi strategy alternative investment management firm based in dallas texas . as of 2015 it manages approximately 9.7 billion and employs 200 individuals . in addition to the main offices in dallas the firm maintains satellite offices in new york virginia london tokyo and hong kong . 2 since inception in 1991 hbk s funds have delivered compounded returns of approximately 11.6 % . 3 the firm takes its name from the initials of harlan b. korenvaes former managing director of merrill lynch in charge of the firm s convertible arbitrage trading and sales . he left merrill lynch and founded hbk in october 1991 starting with 30 million in capital from four limited partners . korenvaes left hbk in 2003 to start korenvaes capital . 4 5 in 2015 institutional investor alpha magazine gave hbk an a grade and the 13 ranking among hedge funds worldwide . 6 references edit company overview of hbk investments l.p. . bloomberg . retrieved 24 april 2016 . hbk investments top 10 13f holdings in q1 2015 . octafinance . retrieved 17 october 2015 . waite suzie . hbk rebounds after several tough years . institutional investor . retrieved 17 october 2015 . hbk capital of texas records strong 2010 . fin alternatives . retrieved 17 october 2015 . hbk founder korenvaes raising capital ; hbk troubles continue . hedge fund intelligence . 1 may 2009 . retrieved 24 april 2016 . taub stephen . the hedge fund report card pdf . institutional investor s alpha . retrieved 4 march 2016 . external links edit home page nasdaq profile v t e hedge funds investment strategy arbitrage relative value capital structure arbitrage convertible arbitrage equity market neutral fixed income arbitrage fixed income relative value investing statistical arbitrage volatility arbitrage event driven activist shareholder distressed securities risk arbitrage special situation directional convergence trade commodity trading advisors managed futures account dedicated short global macro long short equity trend following other fund of hedge funds multi manager trading algorithmic trading day trading high frequency trading prime brokerage program trading proprietary trading related terms markets commodities derivatives equity fixed income foreign exchange money markets structured securities misc arbitrage pricing theory assets under management black scholes model greeks finance delta neutral capital asset pricing model alpha beta security characteristic line fundamental analysis hedge securitization short taxation of private equity and hedge funds technical analysis investors vulture funds family offices financial endowments fund of hedge funds high net worth individual institutional investors insurance companies investment banks merchant banks pension funds sovereign wealth funds regulatory fund governance hedge fund standards board alternative investment management companies hedge funds hedge fund managers this article about a financial services corporation of the united states is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title hbk investments & oldid 743419327 categories hedge fundshedge fund firms in texascompanies based in dallasinvestment management companies of the united statesunited states financial services company stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 15 35 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view