Stay updated with breaking news from Maxima Fund. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
As the regulatory crackdown intensified, the fund manager pivoted from mega-cap stocks to outperform the blue-chip index by more than 25 per cent.
By Reuters Staff 2 Min Read BOSTON (Reuters) - Investment bank Houlihan Lokey and investment firm Saddle Point Management plan to raise $250 million through a blank-check acquisition vehicle, according to a regulatory filing on Monday. Houlihan joins Lazard, Moelis and Evercore in offering private companies a way to go public by merging with a special purpose acquisition company, an alternative to the traditional initial public offering process offered by bulge bracket banks. Saddle Point is run by Roy Katzovicz who worked for William Ackman’s Pershing Square Capital Management before launc...