Funds managed by Jamie Dinan's $6.8 billion York Capital
Management posted solid returns in August as the firm profited
from corporate takeover activity and rising energy prices.
The $760 million York Global Value Partners, which focuses
on event-driven equities and distressed investments, climbed 3%
in August. On top of a 4.66% rise in July and 3.57% in June,
that gain boosts the fund's performance to date to 11.81%.