Merger Arbitrage: How to Profit from Event-Driven Arbitrage Thomas Kirchner
Publisher: Wiley

However, merger arbitrage works best over several different deals and opportunities, requiring heavy capital constraints making it pretty inaccessible for most retail investors. I was at Nomura for a little over a year and then joined Owl Creek Asset Management, a hedge fund, where I specialized in global risk-arb event-driven investing and also Asia equities. Merger Arbitrage: How to Profit from Event-Driven Arbitrage Publisher: W i l e y | 2009 | PDF | ISBN: 0470371978 | 355 pages | 15.5 Mb Written by a fund manager who invests solely in merger. After spending two years at Citigroup, I found an interesting opportunity at a firm called Cathay Financial that blended both my finance experience and my law background, and I joined them as a “merger arbitrage” analyst. Designed correctly, these strategies can yield profit on either side of the entry points. Paulson's Gold Fund, which can buy The firm's merger arbitrage, credit and recovery funds, which comprise more than 60 percent of the firm's $21 billion in assets, rose this year on the firm's “long event positions,” Paulson said today in the letter to clients. Merger Arbitrage: How to Profit from Event-Driven Arbitrage Publisher: W i l e y | 2009 | PDF | ISBN: 0470371978 | 355 pages | 15.5. The fund, which seeks to profit from corporate events such as takeovers and bankruptcies and uses leverage to amplify returns, is down 18 percent this year with the July loss. Merger Arbitrage/Risk Arbitrage research analyst. Staying Market Neutral As investors crave more advanced The underlying index is rebalanced every five days, rather than monthly or quarterly, allowing for the fund to capture these event driven gains. A leading firm is looking to add a senior research analyst to their event-driven trading desk in London. Available at Amazon, Barnes & Noble, Borders and other booksellers. Analyst on their risk-arbitrage team. Event-driven funds seek to profit from securities whose value is affected by events such as mergers and acquisitions, and reorganizations. Merger Arbitrage - Many private investors have noticed that the stock of two companies involved in a potential merger or acquisition often react differently to the news of the impending action and try to take advantage of the shareholders' reaction. There are opportunities to profit from this growth in acquisition activity. Event Driven - This scenario is triggered by corporate upheaval, whether it be a merger, sale of assets, some sort of restructuring or even bankruptcy. Chapter 1 of the book Merger Arbitrage: How To Profit From Event-Driven Arbitrage by Thomas Kirchner.