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Highbridge Stacks up Well Against Other Multistrats

Three of its 15 major strategies led the way in a decent year for the firm, which started operating as a smaller entity last year.

Highbridge Capital Management posted relatively strong results in its first year of operating with a slimmed-down structure following changes to its business. Last March, the firm sold its Highbridge Principal Strategies group (now called HPS Investment Partners), which focuses on non-investment-grade credit, to its partners. In 2015 it sold Gávea Investimentos to

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