Saw some old posts on this discusion but just want to clarify a bit more.
I was told Lone Star focuses on origination (senior people who aims to bring in deals) while Hudson focuses on execution (implied all the associate level junior people will have to stay at Hudson).
My understanding is that the Hudson setup is purely for the accounting purpose? Similar to the Research division of big mutual funds? The junior recuiters will have to star at the research division, but as they progress in the career ladder - they can choose to have their own books and manage their portfolio. However, for certain people who prefer to do research and avoid the risk of having their own book, they can choose to stay at research forever.
Do the junior recruits from Lone Star will have to be placed at Hudson? Is there any fixed path from Hudson to Lone Star as the associate promoted to VP (Principal)? Any other insights on these 2 entities will be much appreciated. Many thanks in advance!
Hudson Advisors vs. Lone Star (Originally Posted: 01/25/2016)
Saw some old posts on this discusion but just want to clarify a bit more.
I was told Lone Star focuses on origination (senior people who aims to bring in deals) while Hudson focuses on execution (implied all the associate level junior people will have to stay at Hudson).
My understanding is that the Hudson setup is purely for the accounting purpose? Similar to the Research division of big mutual funds? The junior recuiters will have to star at the research division, but as they progress in the career ladder - they can choose to have their own books and manage their portfolio. However, for certain people who prefer to do research and avoid the risk of having their own book, they can choose to stay at research forever.
Do the junior recruits from Lone Star will have to be placed at Hudson? Is there any fixed path from Hudson to Lone Star as the associate promoted to VP (Principal)? Any other insights on these 2 entities will be much appreciated. Many thanks in advance!
Disclaimer that I haven't worked there, but have experience working with LS.
From my experience, Hudson primarily serves as the Asset Management arm - performing the modelling work, deep dive diligence and day to day analysis in support of the deal team at Lone Star.
I'd describe LS as more a traditional origination and deal focused shop while Hudson almost serves a transaction services and ongoing management function - happy to be corrected on this.
Thanks Cakes for the response! That's what I understand about Hudson as well, but wanted to know more about the different associate career development at the 2 platforms.
This is straight from their About Us section of their website: "Hudson is a globally integrated Asset Management company that performs due diligence and analysis, asset management and other support services for Lone Star and to the assets acquired by the Funds."
anyone can further clarify on this?
I had an interview at Hudson before. My impression was that they act rather as a RE arm of Lone Star. They do from start to finish - not a modelling / DD shop for Lone Star.
From transitioning Hudson to Lone Star? I doubt it.
Hudson Advisors (Originally Posted: 11/21/2012)
Hi together, first of all: I was not sure where to post this, so hope PE is right. Does anyone know anything about Hudson Advsiors regarding lifestyle and culture? Thanks! Anira
Anira, are you a prospective employee or an investor? Or have you had the pleasure of having them manage your loan?
Asking as potential employee.
.
Hudson Advisors - any information? (Originally Posted: 06/09/2015)
Hi everyone,
Anyone has some view on Hudson Advisors, particularly what's the link between the Loan Star PE and HA? How good experience is it for further growth?
Also any info from the European branche would be much appreciated!
Thanks!
Lone Star is the hedge fund that acquires assets. It is not PE. HA services loans acquired by LS. Therefore, HA is more MO.
Its strategy is more geared towards passive investing, not active (loan to own).
And would you saying joining as loans portfolio analyst would make sense in terms of exit opps if I would like to join a HF in the future?
Depends on the tasks/responsibilities. If the analyst is more charged with monitoring the portfolio and checking payment timing, default, covenants, etc. then no. If it is more PM, where you are running models to determine exposure, expected returns, etc. then yes.
Which do you believe it is?
http://www.wallstreetoasis.com/forums/anyone-know-anything-about-hudson…
Hudson Advisors => Distressed HF (Originally Posted: 11/25/2012)
Hi,
How good are your chances to move from Hudson Advisors (NPL underwriting) to a Distressed HF?
Thanks
Anira
Seeing that Hudson is a loan servicer for Loan Star, it would make sense to seek to transition to Loan Star's distressed debt group.
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