merger arbitrage hedge fund see optimism after FTC's big loss
Merger-arbitrage investors sees more opportunities after the FTC suffered a huge legal blow in the Microsoft-Activision case.
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Merger-arbitrage investors sees more opportunities after the FTC suffered a huge legal blow in the Microsoft-Activision case.
(Bloomberg) -- Merger-arbitrage investors say the tide is turning in their favor after the Biden administration’s antitrust push suffered a huge legal blow this week, boosting the funds’ returns and emboldening bets on deals in regulators’ crosshairs. Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%Biden Administration to Forgive $39 Billion in Student DebtTreasury Euphoria Dwindles After Hot Economic Data: M
Wasatch Global Investors, an investment management firm, published its “Wasatch Core Growth Fund” first quarter 2022 investor letter – a copy of which can be downloaded here.
Tiger Global Management’s performance problems are piling up. The firm’s hedge fund declined 15% in April, taking its loss in 2022 to 44%, according to people familiar with the matter.
Cooper Investors, an investment management firm, published its “Global Equities Fund (Hedged)” first quarter 2022 investor letter – a copy of which can be downloaded here.