Sander Gerber’s firm shines in an off year for many hedge funds.
|Sander Gerber |
Hudson Bay’s assets have increased by 51% in the past 12 months, to about $1.1 billion. The firm’s flagship Hudson Bay Fund, a multistrategy vehicle, recently closed to new investors and a new event-driven and merger-arbitrage fund is being planned, according to people with knowledge of the situation. Previous investors can still add to their allocations to the main fund.
The flagship fund is up