Hedge Funds

BKF adds value manager

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BKF Asset Management, the embattled investment management firm formerly known as John A. Levin & Co., is adding a small- and mid-cap value portfolio to its roster of alternative investments with the hire of David Hudson.

Hudson had been managing a concentrated portfolio focused on micro-, small- and mid-cap equities through Gemini Value Partners, and Hudson is bringing this portfolio with him to BKF. According to BKF, Hudson tends to hold or manage investments until he can realize value either through market forces or a liquidity event. Hudson founded Gemini and prior to that co-founded Coldstream Holdings, which