CIAM, the new Paris-based merger arbitrage firm set up in the second half of last year, has secured a €20 million seed investment from Netherlands-based platform IMQubator. The commitment more than doubles the start-up firm’s total assets, taking its CIAM Merger Arbitrage fund to just over $40 million.
CIAM team: Frédérique Barnier-Bouchet, Catherine Berjal, Anne-Sophie d’Andlau
CIAM is led by founders Catherine Berjal, Anne-Sophie d’Andlau and Frédérique Barnier-Bouchet. Berjal, the start-up’s CEO and CIO, was previously head of...