Hudson Bay reportedly scraps plans for a dedicated private credit business
Bloomberg reports that the $20 billion firm is parting ways with two executives it hired from BlackRock.
TLDR
Hudson Bay Capital Management is abandoning plans to start a dedicated private credit business, Bloomberg reports. The $20 billion firm is parting ways with two executives it hired from BlackRock as it drops those plans.
Hudson Bay reportedly scraps plans for a dedicated private credit business
Bloomberg reports that the $20 billion firm is parting ways with two executives it hired from BlackRock.
TLDR
Hudson Bay Capital Management is abandoning plans to start a dedicated private credit business, Bloomberg reports. The $20 billion firm is parting ways with two executives it hired from BlackRock as it drops those plans.