B rett Hildebrand is a financier and entrepreneur who built a fortune in the specialized world of consumer credit and debt recovery. He is a major shareholder of Credit One Bank, a Las Vegas-based financial institution that has become one of the largest issuers of credit cards in the United States, particularly for borrowers with lower credit scores. Despite similar branding, his bank is entirely separate from Capital One. Hildebrand's career began in mainstream finance with roles at Goldman Sachs and Citigroup before he pivoted to the more niche and lucrative subprime market.
In 1998, he co-founded Sherman Financial Group with fellow billionaire Ben Navarro. Together, they built Resurgent Capital Services into a giant in the debt collection industry, purchasing distressed consumer debt portfolios. They sold Sherman Financial in 2021, generating significant liquidity. Hildebrand has since directed his wealth into new ventures through his investment firm, IAG Capital Partners, with a focus on biotechnology, artificial intelligence, and fintech. His trajectory reflects a keen ability to identify value in overlooked financial markets and successfully pivot into high-growth technology investments.
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Brett Hildebrand is an American businessman whose fortune is rooted in the financial services sector. After beginning his career at Goldman Sachs and Citigroup, he cofounded Sherman Financial Group in 1998 with Ben Navarro, the controlling shareholder of Credit One Bank.
Credit One Bank is one of the largest subprime lenders in the U.S.. Hildebrand’s background is in financial strategy and alternative investing, which he now executes through his firm, IAG Capital Partners.
Hildebrand’s career focused on building Sherman Financial Group, which leveraged Resurgent Capital Services into one of America's largest debt collection businesses before selling it in 2021. This sale secured his significant liquid wealth, separate from his initial stake in Credit One.
Following his successful exit, Hildebrand shifted his focus entirely to strategic investments, primarily channeling his cash proceeds into biotech, AI, and fintech ventures through his investment firm, IAG Capital Partners.
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Co-founds Sherman Financial Group with Ben Navarro.
Sells Resurgent Capital Services (a unit of Sherman Financial), securing a large cash fortune.
Continues to manage capital through his investment firm, IAG Capital Partners.
Hildebrand's liquid capital is actively managed across high-growth, high-tech sectors.
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+0.65% | +$61.31M
+0.01% | +$0.62M
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