HSBC
Private fund custodian · 871 private funds on SEC Form ADV
Advisers' Form ADV filings name HSBC as custodian to 787, prime broker to 135, administrator to 41 and marketer or placement agent to 23 private funds, 871 funds in all. It ranks No. 24 of 842 custodians by number of private funds served.
Rankings
Funds served, by type
- Hedge funds327
- Private equity funds313
- Venture capital funds107
- Other private funds78
- Real estate funds33
- Securitized asset funds12
- Liquidity funds1
Where its clients are
State of the funds' U.S. advisers.
- New York426
- California41
- Massachusetts20
- Florida18
- District of Columbia17
- Connecticut10
- Illinois7
- South Carolina5
- Washington4
- Texas3
- Virginia2
- Alaska1
Where the funds are organized
- United States296
- Cayman Islands292
- Ireland52
- Mauritius50
- Luxembourg50
- United Kingdom39
- Bermuda36
- Guernsey16
Private funds that name HSBC (454 listed here)
Showing the 150 largest by gross assets.
417 more funds name HSBC: feeder funds, single-deal vehicles and funds listed from Form D, shown on their own or their adviser's pages.
Names as filed
HSBC Bank PLC; HSBC Bank USA, N.A.; HSBC Bank (Mauritius) Limited; HSBC Continental Europe; HSBC; HSBC Bank USA, NA; HSBC Bank USA, National Association; HSBC Institutional Trust Services (Asia) Limited; HSBC Bank USA; HSBC Innovation Bank Limited; HSBC Institutional Trust Services (Sinpapore, Singapore) Limited; HSBC Trustee (Cayman) Limited
From SEC filings, not verified. Counts are the number of private funds whose adviser names the firm in that role on Form ADV (Schedule D, Section 7.B.(1)), in the SEC's public Form ADV data through filings made by Dec 26, 2024. A fund can name several firms in the same role. Names are grouped automatically (spelling variants and, for the largest firms, their affiliated entities), which can be incomplete. Rankings count funds only; they do not reflect quality, assets served or fees, and are not a recommendation. Corrections: hello@altmountain.com.