Hoyt Davidson is the founder and Managing Partner of Near Earth LLC, a Connecticut based investment bank and advisory firm focused on the satellite industry, commercial space, and aerospace/defense. Near Earth’s clients include: satellite communications and commercial space companies, aerospace/defense companies, private equity and hedge funds, and early stage entrepreneurial firms seeking private equity capital.
Before Near Earth, Mr. Davidson was a Managing Director in the Telecom Group at Credit Suisse First Boston. Mr. Davidson’s 28 year investment banking career began in 1987 at Donaldson, Lufkin & Jenrette where he was a co-founder and Managing Director of the firm’s Space Finance Group, Wall Street’s first dedicated coverage group for the commercial satellite industry. While a member of the Space Finance Group, Mr. Davidson was an integral participant in public and private debt and equity financings totaling over $15 billion.
Hoyt is frequently asked to speak at satellite and space industry conferences on financial and investment matters. He also currently serves on the Boards of XO Markets Holding, Inc., the parent company of NanoRacks LLC, the Space Foundation, the National Space Society, the Pacific International Space Center for Exploration Systems (PISCES). He is also a past member of the Commercial Space Committee of the NASA Advisory Council.
Mr. Davidson received his Science Masters in Management (MBA) in 1987 from MIT’s Sloan School where he was awarded the Henry B. duPont III Scholarship for academic excellence. Before entering Sloan, Mr. Davidson worked as a Senior Research Engineer at Lockheed Missiles and Space Company (Sunnyvale, CA) from 1979 to 1985. Mr Davidson received a BS in Physics from MIT in 1979.