Merger Arbitrage: How to Profit from Event-Driven Arbitrage by Thomas Kirchner

Merger Arbitrage: How to Profit from Event-Driven Arbitrage



Download eBook




Merger Arbitrage: How to Profit from Event-Driven Arbitrage Thomas Kirchner ebook
Page: 370
ISBN: 0470371978,
Format: pdf
Publisher: Wiley


Let's say A merger arbitrageur might buy Circuit City shares, and short Blockbuster shares, hoping to profit from the eventual convergence of these values. Merger Arbitrage: How to Profit from Event-Driven Arbitrage Publisher: W i l e y | 2009 | PDF | ISBN: 0470371978 | 355 pages | 15.5 Mb Written by a fund manager who invests solely in merger. Case studies are what you really do on the job – you generate investment ideas, present them to the PM, and aim to profit from your ideas while mitigating risk. 2) Event-Driven 3) Directional In event-driven hedge funds, managers look for stocks trading at discounts due to unusual circumstances. Often, you're tasked with analyzing an investment . AIM: Describe the underlying characteristics, sources of returns and risk exposures of various hedge fund strategies including: Event-driven and merger arbitrage. The first one pops up in our own merger arbitrage portfolio every December. Thomas Kirchner – Merger Arbitrage How to Profit from Event-Driven Arbitrage Thomas R. Such circumstances can include merger arbitrage, distressed securities, and private placements. With something like merger arbitrage (or anything else that's event-driven), you can still apply the same framework but the catalyst becomes a much more central part of your recommendation. That is the month Disclosure: Thomas Kirchner manages the Pennsylvania Avenue Event-Driven Fund [PAEDX], which uses merger arbitrage. Here's an example of merger arbitrage. Merger Arbitrage/Risk Arbitrage research analyst. A leading firm is looking to add a senior research analyst to their event-driven trading desk in London.