York benefits from event-driven focus

Sat Oct 1, 2005

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%. York's $3.3...

ISSN: 2151-1845 / CDC10004H

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