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

Merger Arbitrage: How to Profit from Event-Driven Arbitrage Thomas Kirchner ebook
ISBN: 0470371978,
Format: pdf
Page: 370
Publisher: Wiley

Often, you're tasked with analyzing an investment opportunity with . Event Driven – this strategy bases its investment on a particular event, a common example of which is investing in a “distressed” READ: bankrupt company. With something like merger arbitrage (or anything else that's event-driven), you can still apply the same framework but the catalyst becomes a much more central part of your recommendation. There are several variations of this strategy, one being merger arbitrage, in which a manager bets on the price of the company to be acquired, hoping it will be different from what the marketplace anticipates it will be. With over 7,000 hedge funds, there the positions at a profit. Most smaller event-driven funds in Asia are skewed towards softer catalyst opportunities: the firms that tend to really focus on risk arbitrage in Asia are global funds looking to deploy assets to the region. Case studies are what you really do on the job – you generate investment ideas, present them to the PM, and aim to profit from your ideas while mitigating risk. Merger risk arbitrage loosely refers to practices that investors use to profit from arbitrage spread opportunities typically created by cash or stock acquisitions of publicly traded companies. By James Williams – Athos Capital is a new merger arbitrage hedge fund founded by portfolio manager Matt Moskey, trader Erik Senko and former COO of Black's Link Capital, Fr. Merger Arbitrage: How to Profit from Event-Driven Arbitrage Publisher: W i l e y | 2009 | PDF | ISBN: 0470371978 | 355 pages | 15.5. Two key aspects of Perry's acquisition transactions in Mylan stock may have driven the outcome of the Perry Order. In a stock-for-stock merger, the pre-merger arbitrage spread opportunity exists ..