The document discusses the valuation risks and use of estimates for the Multi-Strat Funds managed by Hudson Bay Capital. It highlights the reliance on third-party pricing sources and the potential discrepancies in valuations. The document also covers the risks associated with fund leverage, particularly for the Levered Fund, which employs substantial leverage, increasing both potential returns and losses.
doj/DataSet10/EFTA01384548.pdf
{"key_people":["Hudson Bay Capital"],"document_type":"financial","key_organizations":["Hudson Bay Capital","Multi-Strat Funds"]}