Steady month for Perry


The slightly positive tilt of many event-driven and arbitrage strategies meant that almost no multi-strategy funds posted large gains or losses.

Highbridge's Event Driven Relative Value FD, Ltd., with $503 million in assets, was down 0.08% through August but is up 1.22% for the year-to-date.

Perry Partners International, with $5 billion in assets, was said to be up 0.2% for the month and 7.77% for the year to date. Third Point's offshore fund, with $732 million in assets, was up 1.4% through August and up 12.68% for the year-to-date.

York Capital's York Investment Ltd Class A/1, with $850