Pirate Capital

  • Pirate Capital

    Michael Bolton Spawn To Attack Pirate Ship

    Michael Bolton offspring Holly Bolotin is allegedly suing Pirate Capital founder Tom Hudson. Longtime DealBreaker readers know that Bolton’s daughters Holly and Isa were employed, in a variety of capacities (investor relations, stock picker, fluffer), by the hedge fund for a year or so. In December, Isa left for Silver Point Capital in Greenwich, and […]

    / Jun 11, 2008 at 5:12 PM
  • Pirate Capital

    Are You Happy, Michael Bolton? ARE YOU HAPPY?!

    Things, making money-wise, have not been going so well at Tom Hudson’s Pirate Capital for a while now, but we assumed that the addition of Michael Bolton’s daughters, Isa and Holly Bolotin, to payroll as girlfriends and fund managers would straighten things out. When Isa left to join Silver Point Capital in December, we were […]

    / May 8, 2008 at 4:54 PM
  • Pirate Capital

    Pirate Capital Founder’s Betrothed To Advise Him On A Few New Positions In Order To Better Retain Clients

    I’m having just as good a time as the next guy writing about fucking hookers but let’s take a quick break from that and talk about love—Pirate Capital founder Tom Hudson is getting married. The lucky lady is Virginia Zampella, who Hudson met on SugarDaddyForMe.com. As girlfriends of the pirate are wont to do, Zampella […]

    / Mar 11, 2008 at 11:13 AM
  • Pirate Capital

    Everything Cool At Third Point

    We often stay up nights wondering if our billionaire fundy friends are secretly hemorrhaging money, seconds away from being forced to shutter it up and call it a day. So it’s nice when we can, for instance, check Third Point off the list. Founder Dan Loeb finally closed on his $45 million, 10,674 square foot […]

    / Feb 25, 2008 at 3:38 PM
  • Pirate Capital

    Yo Ho, Blow the Man Down

    We’ve been writing a lot about NYC Pocket Change’s upcoming speed dating event, for “rich old women and hot young men” i.e. the greatest spectator sport of all time (Thursday!) and although many of you are all for being made kept boys, there remain a few who are uncomfortable with the shift in gender dynamics. […]

    / Feb 4, 2008 at 1:17 PM
  • Hedge Funds, Pirate Capital

    Correction: Things At Pirate Capital *MUCH* Worse Than We Thought

    Subject: Pirate News – Isa’s leaving Sent: Friday, December 07, 2007 2:41 PM You replied on 12/7/2007 2:41 PM. To: tips_dealbreaker From: redacted Unfortunately it looks one of Bess’ favorite combinations – Pirate Capital and Michael Bolton – has come to and end. Isa Bolotin is going to Silver Point Capital in Greenwich. Luckily, Bolton […]

    / Dec 7, 2007 at 2:47 PM
  • Pirate Capital

    Things At Pirate Capital Worse Than We Thought

    It’s common knowledge that Tom Hudson has pretty much run Pirate Capital into the ground, by allowing Michael Bolton’s daughters to construct all discounted cash flow models, structure all pair trades and calculate the firm’s daily alpha. You knew that, we knew that, the employees at the Local PetSmart, who work on commission and had […]

    / Dec 7, 2007 at 2:22 PM
  • Pirate Capital

    Who’s Running Pirate Capital (Into The Ground)? If You’re Not A Michael Bolton Fan, The Answer May Surprise You

    In September 2006, Pirate Capital was managing $1.802 billion. Today? Less than $400 million. September 2006? Interns were given the special assignment to go down the road to buy minnows for bigger fish to devour to the leering delight of a staff busy not executing profitable trades. Today? Tom Hudson is forced to make his […]

    / Nov 5, 2007 at 12:31 PM
  • Hedge Funds, Pirate Capital, Two parts water, one part Michael Bolton DNA

    Negligible Victories At Pirate Capital

    Congratulations to Tom Hudson, whose hedge fund ended its proxy battle with Angelica, a healthcare linens company, after Angelica kowtowed to the Jolly Rogers’ demand to explore a possible sale. In July, the Pirate team, which owns approximately 9.8 percent of Angelica, told the firm to put itself on the block or prepare to go […]

    / Sep 27, 2007 at 11:03 AM
  • office space, Pirate Capital

    What The Seed Of Michael Bolton Hath (Possibly) Wrought

    From the mailbag: Date: Sep 25, 2007 12:18 AM Subject: Pirate August Reports & AUM Sept 2007 The monthly was written by a junior analyst name Tassos. Isa Bolotin, Director of Investor Relations, is too busy managing her volatile relationship with Tom Hudson. Hudson is too busy planning the $1mm mausoleum for his clan. Funny […]

    / Sep 25, 2007 at 12:02 PM
  • Pirate Capital

    Pirate Capital’s Tom Hudson: Avast Maties, We’re Not Sunk Yet

    Tom Hudson’s Pirate Capital is kinda-sorta denying reports that it’s assets are down almost 80 percent in the past year. He describes the reports from “various media” as “grossly misleading.” But are they? Pirate Capital’s assets are way, way down. Here’s Tom’s full statement: Various media have published grossly misleading information regarding results at funds […]

    / Sep 14, 2007 at 9:04 AM
  • Pirate Capital

    Pirate Capital Is Special!

    No one is getting off the Jolly Roger alive. Bloomberg is reporting that Tom Hudson’s Pirate Capital is shanghaiing investors, forcing them to remain on board its two Jolly Roger Activist funds by halting redemptions. The firm’s assets have declined by almost 80 percent in the past year, according to Bloomberg. Pirate has said that […]

    / Sep 11, 2007 at 12:42 PM
  • Pirate Capital

    Tom Hudson May Be Forced To Make Own Trips To PetSmart

    Our resident Pirate mole informs us that Tom Hudson has suspended redemptions following a 4% decline in August, and let two of his last remaining employees go (apparently “his best analyst” and “his”—apparently only—“trader”). This probably has little to do with the current state of the market, and is more so symptomatic of what happens […]

    / Sep 7, 2007 at 11:27 AM
  • Pirate Capital

    We’re Here For You

    DealBreaker is not only a place for Wall Street gossip and a source for service journalism, but also a safe space in which readers should feel free to vent. If you have anything you want to get off your chest, we encourage you to go to your safe place (the comments section, our inbox), meet […]

    / May 16, 2007 at 10:59 AM
  • Pirate Capital

    Can I Touch You…There?

    We’re hearing that Tom Hudson—last seen “dispatching interns to a PetSmart store a half mile down the road [from his office] to buy minnows for his fish to devour, to the leering delight of his staff” and doling out proxy swag—is looking for a new crew to swab his deck. An anonymous source close to […]

    / May 15, 2007 at 3:08 PM
  • Pirate Capital, Proxy Fight

    Pirate Capital Booty

    Tom Hudson’s Pirate Capital continues to blaze ahead with the best proxy fight innovation since the poison pill was invented—proxy swag! Today they’re offering Aquilla, Inc. shareholders pins featuring the face of Aquila chief executive Rick Green. Using a specially designed website called Bad Acquila Deal The Pirates have been leveling cannon fire against Aquila’s […]

    / Apr 19, 2007 at 2:09 PM
  • James Cramer, Pirate Capital

    Does Jim Cramer Get Stock Tips From Harrison Ford?

    If Henry Blodget’s been Googling himself lately, he’s probably pretty pleased with the results: the “I own this town” picture to your left is the second thing that comes up when you search for images of the old rapscallion. If Henry Blodget’s been Googling Jim Cramer lately—and let’s be honest: that’s the more likely scenario—he’s […]

    / Apr 9, 2007 at 4:03 PM
  • Hedge Funds, Pirate Capital

    Breaking: The Very Special Opportunity Is OVER

    SEC filings make the best of us feel like we’ve been hit by a tranquilizer gun, which is why we don’t read them, and don’t like them read in our presence. Luckily, some of our friends are in constant need of a good excuse for why they were found passed out at their desks for […]

    / Apr 9, 2007 at 1:42 PM

Our Sites

  • Above the Law
  • How Appealing
  • ATL Redline
  • Breaking Defense
  • Breaking Energy
  • Breaking Gov
  • Dealbreaker
  • Fashonista