Hudson Bay Capital Management LP is opening an office in London, Reuters reported, citing two anonymous sources.
The hedge fund has also hired a team of three for the new office.
Hudson Bay has hired Evan Pearce as a portfolio manager, Paul Godfrey as a portfolio manager to run the European event-driven portfolio, and Paul Murrell as a senior analyst. Pearce has earlier worked at Pictet Asset Management and Edoma Partners. Godfrey previously worked with Pine River Capital Management LP and Murrell has earlier worked at Pinyon Asset Management LP and Sandell Asset Management Corp.
The company plans to add more people for the new U.K. office, according to the report.
