Hudson Bay preps fund, closes flagship (Magazine Version)

Hudson Bay Capital Management’s solid performance in a year when many hedge funds are down has boosted the New York firm’s assets by 51 percent in the past 12 months.

The firm now manages about $1.1 billion, and its flagship Hudson Bay Fund, a multistrategy vehicle, recently closed to new investors, though current investors can still add to their allocations to the main fund.

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