Oddo Asset Management, the investment arm of the
160-year-old independent French financial services group Oddo
& Cie, is stepping up the development of its alternative
investment business with the launch of a €100 million
merger arbitrage fund.
The launch follows the acquisition by the Oddo group of
Banque d'Orsay from German bank WestLB late last year and
signals the expanded group's ambition to roll out new offerings
and investment strategies for its clients.
The new M&A arbitrage fund -...