SuttonBrook rebounds in August due to Tribune, 3PAR holdings
September 13, 2010
Suzy Kenly Waite
John London's firm had a positive August following four negative months. The firm is encouraged by increased M&A activity.
SuttonBrook Capital Management has rebounded from four negative months in a row, and is now slightly down for 2010. The SuttonBrook Offshore Partners fund —a multistrategy fund that manages relative value, convertible arbitrage, special situations and merger arbitrage strategies—was up 3.27% in August, leaving it down just 67 basis points for the year.
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