Diversity, Equity & Inclusion Overview

Hudson Bay Capital supports and believes in an equal, diverse and inclusive workplace. Our Equal Employment Opportunity and Anti-Harassment Policy provides for and promotes an equal employment opportunity for all of our colleagues, as well as all candidates for employment. Hudson Bay is committed to maintaining a work environment free of discrimination or harassment based on race, color, sex, pregnancy, religion, gender identity, national origin, ancestry, age, disability, genetic information, veteran status, marital status, sexual orientation, citizenship, or any other protected category or characteristics. Our Equal Employment Opportunity and Anti-Harassment Policy applies to all employment practices and personnel decisions, including, but not limited to, recruiting, hiring, advertising, promotion, transfer, reductions in force, training, employee development, compensation and fringe benefits, discipline and termination.

Our Equal Employment Opportunity and Anti-Harassment Policy is set forth in our Employment Manual. Employees are required to certify that they have read and agree to abide by the policies and procedures contained in our Employment Manual. In addition, Hudson Bay requires its employees to attend annual workplace conduct training. The most recent training session was distributed remotely in November 2020.

A recent report by AIMA and EY (the “AIMA/EY Report”) highlights, among other things, the challenges to the hedge fund industry which has historically been homogenous in demographic terms with respect to diversity and inclusion. Hudson Bay’s senior management recognizes these challenges and has prioritized the enhancement of its policies and procedures to further demonstrate its commitment to support and foster diversity and inclusion.

Hudson Bay has organized a Diversity, Equity and Inclusion Steering Committee to further formalize our efforts to support and foster diversity and inclusion. This Committee is comprised of members of both our investment and business professionals. The Committee was tasked with four primary responsibilities:

1. Craft an appropriate Diversity, Equity and Inclusion Policy (the “DE&I Policy”) designed to ensure that Hudson Bay employees are provided a work environment which promotes a diverse, equal and inclusive workplace.

2. Monitor adherence to, and the overall effectiveness of, the DE&I Policy.

3. Assess, direct, and monitor the Firm’s diversity, equity and inclusion practices with respect to employee recruitment, retention and career mobility/development/promotion.

4. Focus on building relationships between Hudson Bay and non-profits and other external organizations that are focused on diversity, equality and inclusion initiatives in the realm of education/mentorship, etc.

Hudson Bay has retained an independent human resources advisory firm, Stanton Advisors, to assist in the implementation of its DE&I Policy and infrastructure, as well as CSW Global Associates, a leading global consulting firm focused on diversity, equity and inclusion in today’s workforce, to train all of our colleagues in diversity awareness, especially in the context of recruiting talent to Hudson Bay.

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Terms of Use
Hudson Bay’s operations are speculative and involve a high degree of risk. In reviewing the content of this website (the “Website”) you must keep in mind the speculative and unpredictable nature of the markets in which Hudson Bay trades and that its performance and experience to date may not be indicative, or even representative, of its future operations.

Past results are not necessarily indicative of future performance. Hudson Bay investors could lose all or substantially all of their investment at any given time and from time to time, with a corresponding materially adverse effect on Hudson Bay itself. The Website does not constitute an offer to sell or the solicitation of an offer to buy any of Hudson Bay’s advisory services or products. Any such offer or solicitation would be subject to material legal restrictions and requirements; the Website neither complies nor attempts to comply with any of these. The information contained in the Website does not purport to be complete or accurate and is qualified in its entirety by reference to the information set forth in the applicable operative documents for Hudson Bay advisory services and products, which contain descriptions of the material terms (including, but not limited to, risk factors, conflicts of interest and tax implications) relating to any such investment. No one may rely on any information in the Website for purposes of making any form of investment decision or commitment.

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User Agreement

By accessing or using this Hudson Bay Capital Management LP and its affiliates (collectively, "Hudson Bay") website (the "Site"), you hereby accept and agree to comply with the terms and conditions set forth in this User Agreement. This User Agreement is a binding agreement between you and Hudson Bay, and governs your access and use of the Site, which includes any text, graphics, user interfaces, information, data, tools, products, services and other content (together, "Content") available on or through the Site. You may contact Hudson Bay by e-mail at IR@hudsonbaycapital.com with questions about the terms and conditions of this User Agreement.

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Privacy Notice
(July 2018)

This notice (this “Privacy Notice”) is provided by the investment manager of the Fund, Hudson Bay Capital Management LP, and/or its affiliates, including Hudson Bay Credit Management LLC (collectively, “HBC” or the “Investment Manager”), on behalf of the Fund, and sets forth the policies of the Fund with respect to the collection, sharing and protection of non-public personal information of the Fund’s investors, prospective investors and former investors. These policies apply to individuals and Individual Retirement Accounts only and may be changed at any time, provided a notice of such change is given to you. Please read this Privacy Notice carefully to understand what the Fund does with your information.

The Fund collects personal information, such as your address, social security number, assets, transaction and/or income information in the normal course of its operation, for example, when you: (i) provide it in the Subscription Agreement and related documents; (ii) provide it in correspondence and conversations with the Fund’s representatives; or (iii) make transactions with the Fund, such as when you purchase securities/interests or indicate where to make a wire transfer. The Fund also may collect your personal information from other sources, such as the Investment Manager.

The Fund may disclose information about its investors, prospective investors or former investors to affiliates (i.e., the Investment Manager) or non-affiliates (i.e., financial or non-financial companies not related by common ownership or control) for its everyday business purposes, such as to process your transactions, maintain your account(s) or to respond to court orders and legal investigations. Thus, it may be necessary, under anti-money laundering and similar laws, to disclose information about the Fund’s investors in order to accept subscriptions/contributions from them. The Fund will also release information about you if you so direct. The Fund does not share your information with non-affiliates for them to market to you. The Fund may disclose information about your transactions to its affiliates (i.e., the Investment Manager) for their everyday business purposes. You cannot limit these types of sharing.

The Fund may also share information with its affiliates (i.e., the Investment Manager) to market to you. The Investment Manager and its affiliates often work together to provide investors the opportunity to invest in other funds managed or sponsored by HBC or similar investment vehicles managed or sponsored by HBC’s affiliates. As such, the Fund is permitted to share information concerning investor account history and experiences with its affiliates; however, you may contact Investor Relations to limit its sharing. When you are no longer a Fund investor we may continue to share your information as described in this Privacy Notice. However, you may contact the Fund at any time to limit its sharing. If you limit sharing for an account you hold jointly with someone else, your choices will apply to everyone on your account. State laws may give you additional rights to limit sharing.

This Site may use "cookies," which may automatically collect certain information and data. "Cookies" are small pieces of data sent to your computer browser from HBC's web server and stored on your computer's hard drive. The data identifies you as a unique user and facilitates your ongoing access to and use of this Site. Cookies also help HBC diagnose problems with HBC's server.

To protect your personal information from unauthorized access and use, the Fund uses security measures that comply with federal and applicable state law. These measures include computer safeguards and secured files and buildings. If you have any questions about this Privacy Notice, please call Investor Relations at 212-571-1244.