Brett Hildebrand

Early Life

Jeffery Hildebrand was born in Texas in 1959. His father was a veterinarian. Hildebrand received a bachelor's degree in geology from the University of Texas at Austin in 1981. After working briefly at Exxon as a geologist, he obtained a master's degree in petroleum engineering in 1985 from the same university.

Rise to Success

Hildebrand started his career in the financial industry at Goldman Sachs and Citigroup. In 1998, he co-founded Sherman Financial Group with Ben Navarro. Sherman Financial built Resurgent Capital Services, which became one of the largest debt collection businesses. Resurgent Capital Services was sold in 2021. Hildebrand is a major shareholder of Credit One Bank, which caters to low-credit borrowers.

Key Business Strategies

Hildebrand has focused on building a financial empire through subprime lending. Credit One Bank, which Hildebrand is a major shareholder, utilizes fees as a primary revenue source, with significant income from fees and interest. Hildebrand has invested cash proceeds from Credit One into biotech, AI, and fintech ventures through his investment firm, IAG Capital Partners.

Philanthropy

Hildebrand and his wife have donated to various Christian ministries and educational institutions, including the University of Texas at Austin. The Hilcorp Giving Program has donated $18 million to nonprofits across the U.S..