Hudson Advisors’ tenacity in serving our clients took root more than twenty years ago.
The firm traces its roots back to a 1993 joint venture between a third-party investment group and the Federal Deposit Insurance Corporation, called Brazos Partners, L.P. Through this joint venture, nearly 1,300 “bad bank” assets, which were impaired as a result of the U.S. savings and loan crisis of the early 1990s, were acquired and resolved.
As Chairman and CEO of the general partner of Brazos Partners, John Grayken led the operation. After the majority of the assets held by Brazos Partners had been liquidated, Mr. Grayken began organizing institutional capital to continue pursuing investment opportunities on a larger scale. Brazos Fund, L.P. held its initial closing in 1995 with approximately $250 million of capital commitments and subsequently targeted investments primarily in debt and real estate in North America.
Brazos Advisors, LLC was established in 1995 to carry out the day-to-day management and servicing of the assets acquired by Brazos Fund. Brazos Advisors, LLC was subsequently renamed Hudson Advisors L.P.
Since 1995, Hudson has continued to provide asset management and day-to-day support services to Lone Star Funds and to the assets acquired by the funds.