Seward & Kissel represents Hudson Structured Capital Management on closing of oversubscribed Northern Shipping Fund V
October 30, 2025
On October 6, 2025, Hudson Structured Capital Management Ltd. (“HSCM”), an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson Northern Shipping Fund V LP (“HSNF V” or the “Fund”) with total commitments of $719 million, exceeding its $700 million target. HNSF V primarily invests in senior secured blue-water shipping loans and capital leases.
The Fund received commitments from both new and existing investors, which consisted primarily of public pension plans and insurance companies. As part of the Fund offering, HSCM structured a rated note feeder vehicle to invest in the Fund, which was capitalized by the issuance of notes, a majority of which received investment-grade rating from an independent third-party rating agency at closing. Ratings are opinions and are not guarantees of future performance.
The company’s announcement describing this transaction can be found here.
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