Independent Convertible Bonds & Equity Derivatives Advisory

Independent.
Objective.

Every client receives HudsonWest's undivided attention, with the expertise, relationships and judgment that other advisors may delegate to junior staff and banks may subordinate to their own deal interests.

3
Senior partners
on every engagement
100%
Employee owned,
always
0
Conflicts of interest,
ever
1
Client we serve:
the corporate issuer

Companies large and small, across every sector, trust HudsonWest with their most important equity-linked transactions

Full breadth of
equity-linked
expertise

From inaugural convertible issuances to complex multi-party unwind situations, HudsonWest provides authoritative, independent advice across every category of equity-linked transaction.

Convertible Securities
We advise companies on their new issue convertible notes, as well as refinancings, reopenings and exchanges. Whether it's an inaugural issuance or a novel structure, we always help execute with full independence from any outside conflicts.
Capped Calls & Call Spreads
Our tailored approach to structuring and auctioning out capped call and call spread overlays helps clients protect their shareholders and save money, and our proprietary models help realize value for companies in early terminations or unwind of existing derivatives.
Share Repurchases
Through a careful and model-driven analysis of our clients' share repurchase programs, we help design and structure appropriate buyback methods - whether through accelerated share repurchases (ASRs), open market programs or Rule 10b5-1 plans.
Liability Management
For convertible note repurchases, exchanges, equitizations and near-maturity refinancings, we help clients identify the most accretive path forward and run negotiations directly with bondholders to achieve company-friendly results.
Special Situations
Our years of experience help us navigate M&A-related equity-linked structures, bespoke hedging solutions and other complex balance sheet solutions.

Five reasons to work
with HudsonWest

True Independence

Our objectivity is absolute. That means better strategy, better analysis and better execution on every transaction. HudsonWest does not have trading desk positions, does not lend capital, is not owned by a third party and serves a single client: the corporate issuer.

Deep Investor Connectivity

We leverage strong, long-standing relationships with the convertible investor base to help companies drive the best possible bargain. HudsonWest is uniquely positioned to wall-cross investors directly in both new issue and liability management transactions, ensuring the company's voice is well heard and its interests are protected throughout the entire process.

Accounting & Tax Fluency

Equity-linked transactions carry material accounting and tax consequences that many advisors underestimate. HudsonWest has extensive experience with the accounting and tax impacts of convertible structures and can assist in drafting technical accounting memos and supporting any required tax integration analysis.

Creativity & Intellectual Rigor

We bring creative ideas, not just execution. As no two balance sheets are alike, HudsonWest brings genuine intellectual curiosity to every mandate — constantly analyzing structures, markets, and counterparties to recognize and capture added value wherever possible.

A Client-First Partner

HudsonWest is 100% employee owned. Every client — regardless of deal size — gets the benefit of our full team's decades of equity-linked experience, "white-glove" attention and the kind of unmatched dedication and flexibility that larger institutions simply cannot offer.

70+ years of
equity-linked
experience

HudsonWest's principals bring together rare depth across origination, sales, trading, structuring, legal and accounting — a tight-knit combination no other advisory firm can match.

Barry Gewolb
Barry Gewolb
Founder, CEO & Managing Member

Prior to founding HudsonWest in 2019, Barry spent a decade as an equity derivatives attorney at Davis Polk and Wardwell in New York, advising on nearly $100 billion of equity-linked transactions.

B.S. Economics, Duke University, 2005
J.D., NYU School of Law, 2009
CFA Charterholder since 2015
FINRA Series 7, 24, 28 & 63
Nico Gortzounian
Nico Gortzounian
Managing Member

Prior to joining HudsonWest, Nico spent over a decade at BNP Paribas in New York, securing successful outcomes on over $40 billion in convertible bookrunner roles and tens of billions in ASRs and ATM offerings.

B.A. International Relations, Tufts University, 2008
M.B.A., NYU Stern School of Business, 2013
FINRA Series 7, 24, 63 & 79
Fred Fiddle
Fred Fiddle
Managing Member

With a 40-year equity-linked career, Fred led origination teams at Merrill Lynch and BNP Paribas, overseeing structuring, distribution, and sales and trading across hundreds of transactions, before joining HudsonWest.

B.S. Accounting, Syracuse University, 1981
Certified Public Accountant (CPA)
FINRA Series 7, 8, 24 & 63

Let's start a
conversation.

Whether exploring your first equity-linked transaction or managing a complex existing structure, HudsonWest is ready to provide the independent, expert guidance you need.

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