Single Family OfficeRIA · CRD 283128SEC-RegisteredPrivate Fund Adviser

Updated:

Hudson Cove Capital Management

Hudson Cove Capital Management is an SEC-registered investment adviser in Jersey City, NJ, since 2016. The firm manages approximately $1.2 billion in assets.

Hudson Cove Capital Management logo

Hudson Cove Capital Management

Hudson Cove Capital Management is an SEC-registered investment adviser in Jersey City, NJ, since 2016. The firm manages approximately $1.2 billion in assets. It has 12 employees and 7 investment advisers.

General information

Firm type

Single Family Office

Year founded

2009

Location

Region

North America

Country

United States

City

Jersey City

Corporate office

Jersey City, New Jersey, United States

Principals

David Wu

Principal

Fred Wang

Principal

Sector focus

Private CreditReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at Hudson Cove?

David Wu and Fred Wang, both principals and co-founders, run investment decisions. They have decades of combined experience in structured credit at Merrill Lynch and Goldman Sachs (per the firm).

Does Hudson Cove invest directly or use external managers?

Hudson Cove invests directly in asset-backed securities, mortgage-backed securities, and asset-based loans. It structures and manages its own portfolio, rather than allocating to third-party funds (per the firm).

What investment stages does Hudson Cove target?

The firm targets lower-to-middle market opportunities where fewer competitors and limited access to capital allow it to invest at competitive pricing. It focuses on debt instruments with underlying collateral.

Which asset classes does Hudson Cove focus on?

Hudson Cove invests primarily in asset-backed securities, mortgage-backed securities, and asset-based loans, spanning both public and private structured credit markets (per the firm).

Does Hudson Cove accept outside capital?

Yes. Hudson Cove started as a family office with only internal capital, but began accepting outside capital in 2017 via reverse inquiry. Its investor base now includes sovereign wealth funds, pensions, endowments, foundations, and family offices (per the firm).

Where is Hudson Cove headquartered?

Hudson Cove is headquartered in Jersey City, New Jersey, and employs 9 people (per the firm).

How is Hudson Cove structurally different from a typical family office?

Hudson Cove operates as a single-family office that also manages external capital, a hybrid model uncommon among pure family offices. It relies heavily on the credit structuring expertise of its two principals.

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