The document outlines the investment strategies and risks associated with the Multi-Strat Funds managed by Hudson Bay Capital. It discusses the use of credit default swaps, both as a buyer and seller, and the associated risks such as market availability, pricing inaccuracies, and regulatory changes. It also highlights the risks related to the use of quantitative valuation models, which may become outdated or inaccurate over time.
doj/DataSet10/EFTA01384547.pdf
{"key_people":["Hudson Bay Capital"],"document_type":"financial","document_subtype":"investment strategy document","key_organizations":["Hudson Bay Capital","International Swaps and Derivatives Association Credit Derivatives Determination Committee"],"reference_numbers":["DB-SDNY-0084825","SDNY_GM_00231009","EFTA01384547"]}