399 Documents Link Glenn Dubin's $7B Hedge Fund to Epstein Trust

Glenn Dubin**, founder of Highbridge Capital Management, appears in 399 documents from the Jeffrey Epstein federal archive — including a 2005 consulting agreement between his $7 billion hedge fund and Epstein's Virgin Islands trust, and a 2011 confidential memo from federal prosecutors.\n\nGet the full documents delivered to your inbox — [subscribe to the InvArchives newsletter](https://invarchives.com/newsletter).\n\nHighbridge Capital, which managed approximately $7 billion in assets when JPMorgan Chase acquired a majority stake in 2004, entered into a formal consulting arrangement with Epstein's offshore entity just one year after that deal closed.\n\n## The 2005 Consulting Agreement\n\nA June 1, 2005 document titled "Consulting Agreement between Highbridge Capital Management, LLC and Financial Trust Company, Inc." runs 12 pages and names four individuals: Jeffrey Epstein, **Glenn Dubin**, Ron Resnick, and **Darren Indyke** — Epstein's longtime attorney who later became executor of his estate.\n\nThe agreement links two of Epstein's key financial structures: Highbridge Capital, then operating under JPMorgan's umbrella, and Financial Trust Company, Inc., Epstein's St. Thomas, U.S. Virgin Islands-based entity. Bear Stearns & Company and Citibank N.A. also appear as parties in the agreement.\n\nFinancial Trust Company was Epstein's primary vehicle for managing his offshore wealth. Stewart Oldfield, who managed five Epstein accounts at Deutsche Bank holding over $150 million, dealt directly with the same USVI structure. A consulting agreement linking Highbridge Capital to that entity represented a formal, documented financial bridge between Wall Street and Epstein's offshore operations.\n\n## The 2011 Federal Investigation Memo\n\nOn March 9, 2011, an Assistant U.S. Attorney in the Southern District of Florida circulated a three-page internal memo marked "Highly Confidential — Preliminary Investigation of Additional Crimes of Jeffrey Epstein and Others."\n\nThe memo, filed as EFTA01249058–EFTA01249060, summarizes a meeting between federal investigators and attorneys Brad Edwards and Mike Fisten, who represented civil plaintiffs in litigation against Epstein. Investigators relayed allegations from a victim who had been identified in the original Epstein investigation.\n\nThe memo names Glenn Dubin explicitly:\n\n> "The important men were listed are: Governor Bill Richardson; Prince Andrew; Alan Dershowitz... Senator George Mitchell; (former) Israeli Prime Minister Ehud Barak; Les Wexner (CEO of The Limited Group/Victoria's Secret); Ghislaine Maxwell; **Glenn Dubin (founder of Highbridge Capital)**; and a Nobel Prize winning scientist from Harvard."\n\nThe victim alleged she had been "flown all over the United States and Europe" to meet with prominent men, with each encounter occurring on Epstein's private plane or at his residences and being "videotaped by Epstein." After each encounter, "Epstein would debrief" her and take notes, consistent, the memo notes, with information "that Epstein made his millions by 'getting dirt' on important people and blackmailing them."\n\nDubin has denied wrongdoing. He has not been charged with any crime.\n\n## Two Subpoenas, One Law Firm\n\nOn November 9, 2010 — months before the USAO memo was written — subpoenas were served on both Glenn Dubin personally and on Highbridge Capital Management. Both responded on December 3, 2010 with formal objections.\n\nBoth responses carried the same reference number (1425006537) and both were filed through **Davis Polk & Wardwell LLP**, one of the most prominent corporate law firms in the United States. The Highbridge subpoena response also carries a JPMorgan Chase reference number: JPM-SDNY-00061129 — indicating the subpoena was part of the Southern District of New York's broader financial investigation into Epstein's network.\n\nThe organizations listed in the subpoena documents include Financial Trust Company, Inc. and **Jeepers, Inc.** — another Epstein-linked entity — alongside Daniel Zwirn's investment vehicles.\n\n## December 2019: Maxwell, JFK, and London\n\nFour months after Epstein's death in August 2019, a correspondence dated December 10, 2019 places Glenn Dubin and his wife **Eva Andersson Dubin** in a document alongside **Ghislaine Maxwell**, with locations noted as JFK and London.\n\nMaxwell was at that time a fugitive from federal investigators; she would be arrested in New Hampshire in July 2020 and ultimately convicted on five federal counts of sex trafficking and related offenses. The specific content of the December 2019 correspondence is not reproduced in available OCR text, but the document (EFTA01653374–EFTA01653376) is a three-page correspondence logged in the federal archive.\n\n## The $7 Billion Bridge\n\nBy the time the consulting agreement was signed in June 2005, Highbridge Capital was no longer a private partnership. JPMorgan had purchased a majority stake in 2004, integrating Highbridge into its asset management division. The fund's AUM stood at approximately $7 billion at the time.\n\nThe presence of Bear Stearns and Citibank in the consulting agreement suggests the arrangement involved standard prime brokerage and custodial relationships. But the counterparty — Epstein's Financial Trust Company in St. Thomas — was the same vehicle investigators later linked to money flows involving dozens of individuals in the archive.\n\nThe 399 documents referencing Dubin span from civil litigation records and deposition testimony to internal federal memoranda and post-death correspondence. Dubin has not been charged with any crime. He has said his family cut ties with Epstein after learning of his 2008 conviction.\n\n*All individuals mentioned are presumed innocent unless proven guilty in a court of law.