More than $1.1 trillion of cumulative gross notional in derivative transactions executed across FX, interest rate, and commodity markets
As of March 31, 2020, more than $134 billion UPB of non-performing U.S. residential assets (including residential whole loans, RMBS bonds, and CDO bonds) underwritten and asset-managed
Since 2015, advised on and/or organized more than $16 billion of cumulative corporate debt and equity transactions, including asset-based credit facilities, term loans, 2nd lien loans, high-yield bonds, amendments, restructurings, and common equity issuance.
A deeply experienced problem-solver, Hudson consults with clients and advises them on capital structures, risk management, hedging programs, regulatory compliance, and debt and equity structuring and access. Further, Hudson’s comprehensive credit and asset finance platform provides investment management, underwriting, trading, and securitization of U.S. consumer assets, including residential mortgages and consumer installment loans.
We know that our clients are the experts in finding their investments. Hudson works alongside clients to help ensure that any investment is protected from unintended market risk.
Hudson’s financial risk management service offering is a front-to-back suite of services that includes market risk management, trade execution, derivative valuation and reporting, hedge accounting, regulatory compliance, and derivative documentation negotiation.
Our team has more than 67 cumulative years of industry experience managing hedging transactions on both the buy-side and sell-side and has executed more than $1.1 trillion gross notional in derivative transactions while at Hudson across FX, interest rate, and commodity markets.
We have deep expertise in developing and implementing: fund-level FX hedging programs; interest rate, FX, and commodity hedging strategies within operating companies and special purpose vehicles; and sign-to-close, deal-contingent hedging.
In addition to market risk management advisory and hedge execution, we provide our clients with valuation and reporting infrastructure that would otherwise be costly and difficult to build in-house, including models to determine exposures before and after trade implementation; customized reporting through Microsoft Power BI; and ongoing monitoring and reporting to a client’s specific needs.
Our deep experience in leveraged finance and capital raising makes us a valuable advisor to corporate and private equity clients across a wide range of industries and situations.
With access to a vast network of investors across multiple classes of debt and equity instruments, we provide our clients with real-time market knowledge and recommendations regarding key criteria such as return, appetite, and structure requirements. We tailor the structure and process of each capital raise to meet a client’s unique objectives, focusing on optimal structure, pricing, and terms.
Our experience is grounded in our historic role as advisor with respect to portfolio companies owned by certain Lone Star Funds. Over the years, we have advised on dozens of significant debt and equity transactions, including, in 2018, a $400 million asset-based lending facility and $450 million term loan for a specialty distributor of building products; in 2017, the issuance of $807 million of notes for a consumer lending company; in 2016, the $332 million IPO of a pipe and precast product manufacturer.
Hudson underwrites, trades, finances, and manages asset-backed and structured credit investments for our clients. Our team collectively covers all types of securitized products, such as residential mortgage-backed securities and collateralized debt obligations, and our clients’ investments, including residential mortgage, consumer, and corporate loans. We operate with speed, efficiency, and the benefits of deep experience.
On behalf of the Lone Star Funds, Hudson has underwritten and managed more than $130 billion UPB of U.S. residential assets (including residential whole loans, RMBS bonds, and CDO bonds) that have been acquired by affiliates of certain Lone Star Funds since 2008. In connection with these assets, Hudson has overseen the successful execution of active asset management strategies to maximize investment value, including collapsing CDO structures and intensive servicing of non-performing residential loans.
To support the efficient financing of mortgage and consumer debt assets, Hudson, together with Lone Star, has a history of developing and launching inaugural asset-backed securitization solutions. In 2009, together with Lone Star, Hudson developed the industry’s first RMBS financing of non-performing, re-performing, and second-lien mortgages.
In 2014, together with Lone Star, Hudson launched a shelf providing term financing to certain RMBS and ABS bond portfolios. Further, in 2015, together with Lone Star, Hudson developed the first post-crisis securitization of non-agency and non-QM mortgage collateral outside of prime jumbo. As of the first quarter of 2019, these three shelves comprised more than 135 completed securitizations and more than $50 billion of ABS debt sold.
Outside of typical securitization markets, Hudson also has unique experience structuring customized financing vehicles for illiquid investment assets, including middle market levered corporate loans and short-term consumer loans. These customized financing solutions have provided our clients with a structural market advantage.
Hudson Advisors offers a wide range of real estate underwriting and asset management services to sophisticated investors.
Since 1995, Hudson has acted as a special servicer of commercial real estate.
Hudson Advisors offers a wide range of risk management, capital markets advisory, and credit/asset finance solutions to financial sponsors, companies, and sophisticated investors.