Hudson Bay Capital to Expand in Greenwich With Connecticut’s Aid
- Hedge fund will get $1.3 million if it creates 40 jobs
- Hudson Bay Capital employs more than 120 people globally
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Hedge fund Hudson Bay Capital is expanding its office in Greenwich with the help of Connecticut’s taxpayers.
The asset management firm will receive as much as $1.3 million from the state if it creates and retains 40 new full time jobs, Governor Ned Lamont said in a statement. Hudson Bay, the successor to Gerber Asset Management, employs 120 worldwide and expects its Greenwich office to employ about 50 people as new positions are filled.