Hudson's principals have been resolving problem loans and managing
complex real estate assets for the past decade. These assets, which
total more than $31 billion across Asia, Greater North America and
Europe, encompass varied property types and investment structures
that necessitate a focused, proactive and hands-on approach to
maximize investor returns.
At the height of the U.S. thrift crisis, a predecessor to Hudson
Advisors was formed to manage the non-performing assets of the
failed American Savings and Loan Association of Stockton, California,
one of the largest and most difficult thrift workouts. This predecessor
managed a $5 billion portfolio for the U.S. Government from 1989
through 1993 and was reorganized to manage the remaining $2.7
billion portfolio after these assets were sold to a newly formed
partnership between a private investor group and the FDIC.
In 1995, the company again reorganized as Brazos Advisors to service the assets of Brazos Fund, L.P., a $250 million fund that primarily purchased distressed portfolios in the United States and Canada. Brazos Advisors changed its name to Hudson Advisors in 1996 in conjunction with the closing of the $400 million Lone Star Opportunity Fund, L.P. and has subsequently managed assets for the $1.2 billion Lone Star Fund II, the $2.2 billion Lone Star Fund III, the $4.2 billion Lone Star Fund IV, and the $5.0 billion Lone Star Fund V.
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