Hudson Bay-backed Liberty Strategic Capital led a $1bn investment round in New York Community Bancorp, a bank holding company, with participation from Reverence Capital Partners, Citadel Global Equities, other institutional investors and certain members of the Company’s management. Liberty will invest $450m, Hudson Bay will invest $250m, and Reverence will invest $200m as part of the transaction. "The completion of this major equity raise demonstrates the confidence these strategic investors have expressed in the turnaround currently underway at the Company and allows us to execute on our strategy from a position of strength. Our Company enters this next phase with an enhanced balance sheet and liquidity position." Sandro DiNello, NYCB Executive Chairman, President and CEO.