Hudson Bay
Institutional investorStamford · 2 people tracked
Also known as Hudson Bay Capital Management Lp
Find your way into Hudson Bay
4 people in our graph share verified history with the Hudson Bay team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Hudson Bay Capital pursues a holistic, risk-first investment approach that integrates deep fundamental research and domain expertise with macroeconomic and geopolitical analysis to source and underwrite opportunities. Cross-strategy collaboration across the platform strengthens risk management, sourcing, and underwriting, and the firm increasingly incorporates technologies such as artificial intelligence to advance its processes. Its investment philosophy is grounded in core values that promote independent thinking, collaborative idea generation, and respect for the individual. Over more than two decades, this system has aimed to deliver persistent profitability for investors.
Source: firm website, verified Sep 29, 2026.
What founders say
No founder feedback on Hudson Bay yet.
Team · 2 people
from the firm's website & public directoriesFounder mafia
2 people who came through Hudson Bay went on to found or lead other companies.
What they invest in
from 3 of 5 portfolio companiesHealthtech ×2Medical Devices ×2Advanced Manufacturing ×1Biotech ×1Cleantech ×1Climate Tech ×1Deep Tech ×1Hardware ×1
HQs:United States×4
Investments · 5 tracked
founders shown can be your intro pathBy year:2026 · 12014 · 12 dated
Bionano develops optical genome mapping (OGM) systems and analysis software that detect structural variants and chromosomal aberrations across the genome.
BiotechHealthtechMedical DevicesSan Diego, US
Han Cao(Executive Officer)Gulsen Kama(Executive Officer)Mark Oldakowski(Executive Officer)inJonathan Dixon(Executive Officer)inR. Erik Holmlin(Executive Officer, Director)Alka Chaubey(Executive Officer)in
Co-investorsDomain Associates
Picard Medical is the parent company of SynCardia Systems, which develops and commercializes the SynCardia Total Artificial Heart (STAH), the only FDA and Health Canada-approved total artificial heart for patients awaiting donor hearts.
HealthtechMedical Devices
Dr. Jack CopelandRichard SmithDr. Marvin SlepianinRichard Fang(Interim Chief Executive Officer)in
Co-investorsHunniwell Lake Ventures LLC
New York, US
Carter Cleveland(Director)Jeffrey Yin(Executive Officer, Director)Dustyn Kim(Executive Officer)
BoardJan Petzel(Director)Wendi Murdoch(Director)Julius Gaudio(Director)
Co-investorsIDA VenturesLIP VenturesPoalim EquitySlow Ventures
EOS develops additive manufacturing (industrial 3D printing) technology and materials, offering tools such as a carbon footprint calculator and carbon-neutral or carbon-reduced materials to help manufacturers produce more sustainably.
Advanced ManufacturingCleantechClimate TechDeep TechHardwareNew Materials
Marie Langer(CEO)in
Co-investorsBayern KapitalCreathor VenturesCerberus Capital Management
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Exits · 2
2 IPOsBionano GenomicsNASDAQ: BNGOPicard Medical, Inc.NYSE: PMI
Fund performance · per public LP disclosures
as of Dec 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Hudson Bay FundLPs: Florida State Board of Administration, Maryland State Retirement and Pension System | 2004 | — | 9.7% | 1.54x | — |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
IPO stake values · per SEC filings · 2
Value of this firm's stake in each portfolio company at its IPO price, from the prospectus principal-stockholder table.
| Company | Owned | IPO price | At IPO | Stake value |
|---|---|---|---|---|
| Picard Medical, Inc. | 9.3% | $0.30 | May 2026 | $2.1M |
| Bionano Genomics | 3.8% | $0.32 | Apr 2020 | $646.4K |
Source: SEC S-1 / 424B prospectus filings. Stake value = shares beneficially owned × the initial public offering price, as disclosed — a market value at IPO, not a return multiple (the firm's original cost is not disclosed).
Frequently asked questions
- How many investments has Hudson Bay made?
- Hudson Bay has 5 tracked investments, 2 of which have exited, including 1 dated in the last 24 months.
- Where is Hudson Bay located?
- Hudson Bay is headquartered in Stamford, US.
















