Highbury Park LLC

Highbury Park provides discretionary investment management to private pooled investment vehicles and acts as the adviser to funds whose investors are generally accredited high‑net‑worth individuals and institutional investors. The firm reports approximately $176 million in assets under management and operates exclusively through pooled funds rather than individual advisory accounts, with compensation structured as described in each fund’s governing documents (asset‑based fees are used).

The funds target transformative healthcare and technology companies globally and invest across company lifecycles, from seed rounds to mature financings. Highbury Park typically manages highly concentrated positions — the governing documents indicate that, in many cases, a fund will hold interests in a single portfolio company — and the adviser exercises full discretionary authority subject to those governing agreements and any negotiated investor limits.

Distinctive features include detailed expense allocation provisions that assign a broad range of sourcing, diligence, administrative and operational costs to the funds, and the firm’s practice of providing certain investors side‑letter accommodations and more frequent or detailed reporting. The adviser is organized with a related general partner that receives carried interest and maintains written policies (including a code of ethics and pre‑clearance requirements) intended to address conflicts that can arise from managing multiple funds and from personnel investments.