Bill Collins's Brencourt Advisors is in expansion mode,
having added four investment employees this year as it prepares
to exploit an increase in opportunities with fresh capital and
a new fund.
The New York firm, which manages $1.6 billion, closed to new
capital in last year's second half. But with mergers on the
rise and corporate defaults also expected to increase, the
multistrategy shop is now planning to accept as much as...