The document outlines the convertible arbitrage and market neutral strategies employed by Hudson Bay Capital's Capital Structure Fund. It discusses the risks associated with convertible arbitrage, including credit exposure, valuation estimation, liquidity issues, and corporate actions. It also covers market neutral and hedged strategies, highlighting the potential for significant losses if positions are not properly hedged.
doj/DataSet10/EFTA01384556.pdf
{"key_people":["Hudson Bay Capital"],"document_type":"financial","document_subtype":"Investment Strategy Document","key_organizations":["Hudson Bay Capital","Capital Structure Fund"],"reference_numbers":["DB-SDNY-0084838","SDNY_GM_00231022","EFTA01384556"]}