Governor Lamont announces expansion of global asset management firm Hudson Bay Capital into Connecticut
(HARTFORD, CT) – Governor Ned Lamont today announced that Hudson Bay Capital, a multi-billion dollar asset management firm, is expanding its operations in Greenwich, Connecticut. As part of its expansion plans, the company intends to create 40 new jobs in the state.
Founded in 2006, the company has offices in Connecticut, New York, Miami and London and employs more than 120 people worldwide. Hudson Bay Capital expects its Greenwich office, located at 28 Havemeyer Place, to employ nearly 50 professionals as new positions are filled.
“Hudson Bay Capital is a global company with offices around the world, and I am pleased that as their business continues to grow, they have chosen Connecticut as the location where they will create these new jobs,” Governor Lamont said. “Business confidence continues to grow in Connecticut, and we are building on that momentum by continuing to exercise fiscal discipline and make the strategic investments needed to attract new jobs. I look forward to seeing the continued growth of Hudson Bay Capital in Connecticut.
“As we continue to strategically grow our business, attract top talent, and provide best-in-class solutions to our global customer base, it became clear that Connecticut was the perfect location for expansion, given the its infrastructure, its proximity to metropolitan areas and its commitment to business,” Sander Gerber, managing director and chief investment officer of Hudson Bay Capital, said. “Governor Lamont’s job creation mission resonates with ours and we look forward to welcoming new intellectually curious and team-oriented individuals to our Greenwich office.
The Connecticut Department of Economic and Community Development (DECD) is supporting the project with an overdue grant of up to $1,310,000, conditional on the company creating and maintaining 40 new full-time jobs.
“Growth-oriented companies see huge opportunities in Connecticut,” DECD Commissioner David Lehman and Peter Denious, President and CEO of non-profit organization AdvanceCT, said in a joint statement.. “When we speak with CEOs and site consultants, we consistently hear that Connecticut’s skilled workforce and strategic location are among the top reasons companies choose to invest, innovate and grow here. It’s great to see Hudson Bay Capital among the growing list of financial services and fintech companies expanding their operations in our state.
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