HOYT DAVIDSON
Managing Partner
203-972-9062
Mr. Davidson is the founder and Managing Partner of Near Earth LLC. Previously, he was a Managing Director in the Telecomm Group at Credit Suisse First Boston. Mr. Davidson’s investment banking career began in 1987 as an associate and one of only approximately 100 bankers at Donaldson, Lufkin & Jenrette. He was part of the phenomenal growth and success of DLJ to over 1,000 bankers by the time of its acquisition by CSFB in 2000. At DLJ, Hoyt Davidson was a co-founder of the firm’s Space Finance Group, Wall Street’s first dedicated industry coverage group for the satellite industry. Mr. Davidson was one of two Managing Directors of the Space Finance Group. The group raised over $25 billion for satellite related entities and held a number one market share for several years. Prior to investment banking, Hoyt Davidson was a Senior Research Engineer in the Space Systems Division of Lockheed Missiles and Space Company before leaving to get his MBA at MIT’s Sloan School. Mr. Davidson also earned his undergraduate degree in Physics from MIT.
Industry Experience:
– Near Earth, LLC 2002 – present
– CSFB 2000 – 2002
– DLJ 1987 – 2000
– Lockheed Missiles & Space Company 1979 – 1985
Education:
– MIT Sloan School of Management, S.M. (Science Masters-MBA) 1987
– Massachusetts Institute of Technology, S.B. (Science Bachelors) Physics 1979
Board Memberships and Nonprofits:
– Space Foundation (Board member, Finance Committee, former Treasurer)
– National Space Society (Executive Vice President, Chair of the Investment Committee, former Board member)
– Lynk Global (Advisory Board member)
– Nexteon Technologies (Advisory Board member)
– Cislunar Industries (Advisory Board member)
– Past member of the NASA Commercial Space Committee of the NASA Advisory Council
– Past member of Pacific International Space Center for Exploration Systems
– Past member of the Aeronautical Space & Engineering Board of The National Academies
Highlights:
– Over three decades of investment banking experience, including 15 years at DLJ and CSFB
– Raised over $15 billion for clients
– Involved in numerous successful M&A assignments
– Won DLJ “Big Dog” award for largest M&A deal of the year
– Co-founded DLJ’s Space Finance Group
– Frequent speaker at satellite industry conferences, testified before the U.S. Senate on satellite industry matters
– Senior Research Engineer in the Space Systems Division of Lockheed (1979-1985) exploiting advanced technologies for space (top secret clearance)
– Awarded Henry B. DuPont III Scholarship for academic excellence by MIT Sloan School of Management (only 5 such scholarships awarded to each class)
Updated February 10, 2023