Launches & Closures Hedge Funds

Tom Hudson seeks to expand crew at newly launched Doubloon Capital


All hands on deck as the Pirate Capital founder sets sail with his new venture.

Doubloon Capital, the new hedge fund firm launched this year by Pirate Capital founder Thomas Hudson, is looking to add to its crew. The event-driven firm, which will target stressed and distressed companies, is actively seeking to add "an aggressive analyst" to its team, according to a job ad drafted by the firm. A Doubloon staffer declined to comment on anything regarding either the new firm or Pirate.

Hudson’s aggressive activist stance — and his motto "Surrender The Booty!" — brought Pirate notoriety. The firm’s assets under management peaked at $1.9 billion in the summer of 2006, but it