Credit

Disciplined credit execution across residential and corporate markets

Hudson Advisors supports Lone Star’s credit investments through a globally integrated platform organized around two strategies — Residential Credit and Corporate Credit. With 30 years of experience managing credit investments, Hudson combines analytical depth, market insight and execution discipline across both platforms.



Since 2014, Hudson has underwritten approximately $70.6 billion in credit opportunities and managed approximately $36.2 billion in assets. Our teams apply rigorous analysis, active portfolio management and transaction expertise to support Lone Star’s credit strategies with precision, transparency and consistency across market cycles.

Residential Credit

Hudson supports Lone Star’s residential credit strategy, which focuses on newly originated, performing non-Agency residential mortgages in the U.S. We provide detailed underwriting, transaction management, servicing oversight and capital markets execution. Our teams apply data-driven analysis and operational discipline to manage risk, optimize structures, and enhance transparency across the investment lifecycle.

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Underwriting

Hudson conducts detailed loan-level underwriting, performing borrower credit analysis, collateral valuation and cash flow modeling. Our models are continuously refined with new data and market trends, incorporating scenario analysis and stress testing to assess risk and inform investment decisions.

Transaction Management

Hudson coordinates the acquisition and settlement of residential loan portfolios, managing communication among counterparties — including sellers, servicers, lenders, diligence providers, and custodians — to facilitate accurate, timely trade execution.

Servicing Oversight

Hudson manages relationships with servicing partners and establishes operational frameworks to support consistent loan performance. For re-performing or distressed loans, Hudson designs repayment, modification, and restructuring programs to stabilize outcomes and preserve value.

Capital Markets

Hudson manages financing facilities, including pre-securitization warehouse lines, and leads the securitization issuance process. We structure transactions, coordinate with external counterparties, and monitor market trends to optimize execution quality.

Portfolio Management

Hudson tracks portfolio and loan-level metrics — including prepayment, delinquency, and default rates — while conducting scenario analyses to manage exposure and inform hedging strategies. Our reporting provides transparent, data-driven insight into portfolio performance.

Monetization

Hudson supports monetizing residential credit investments by coordinating loan sales and portfolio dispositions, preparing materials, overseeing due diligence, and managing buyer engagement to facilitate efficient, transparent exits.

Corporate Credit

Hudson supports Lone Star’s corporate credit strategies through underwriting, asset management, capital markets execution and portfolio oversight. Our teams combine analytical rigor with operational discipline to evaluate, manage and monetize corporate credit investments across geographies and market cycles.

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Underwriting

Hudson conducts in-depth financial and credit due diligence to evaluate performing, stressed and distressed corporate opportunities. Our teams analyze company fundamentals, liquidity and solvency, capital structures and industry dynamics to inform pricing, risk assessment and investment recommendations. Scenario and recovery modeling support decision-making across complex capital structures.

Asset Management

Hudson actively oversees corporate credit portfolios, partnering with management teams, sponsors and advisors to preserve and enhance value. We coordinate business plan reviews, monitor performance and manage restructurings, amendments and recapitalizations to support financial and operational stability.

Capital Markets

Hudson structures and executes financing and liability management transactions that align with investment objectives and market conditions. We collaborate with lenders, arrangers and counterparties to execute refinancings, amendments and other capital structure solutions.

Portfolio Management

Hudson monitors exposures across industries, credit ratings and counterparties to support diversification and risk-adjusted returns. We assess market trends, rating migrations, collateral coverage and covenant performance to inform portfolio repositioning and capital allocation.

Monetization

Hudson manages the realization of value from corporate credit positions through loan sales, structured exits and equity conversions. We coordinate diligence, buyer engagement and settlement to facilitate transparent, efficient monetization outcomes.

Leadership by Platform