New merger arb fund indicates improving economic conditions
Tue Jan 11, 2011
A new merger arbitrage UCITS hedge fund has been launched by a PineBridge in a year that is expected to feature buoyant M&A activity.
The PineBridge Merger Arbitrage Fund launched on 22 December
2010 and invests in publicly announced merger and acquisition
Lan Cai managing director of PineBridge
Thomas Sandell, founder of Sandell Asset Management, which
launched a merger arbitrage strategy last year, said that he
expected M&A activity to grow because companies have a lot
of money on their balance sheets (see...
ISSN: 2151-1845 / CDC10004H
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