Sun, Apr 19, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Ramius launches event driven equity mutual fund that focuses on activism

Tuesday, October 01, 2013

Precy Dumlao, Opalesque Asia:

Ramius LLC is to launch of the Ramius Event Driven Equity Fund, an actively managed alternative mutual fund providing investors with daily liquidity and exposure to a broad spectrum of transformative corporate events.

Ramius is the global investment management business of Cowen Group Inc., a financial services firm.

Michael Singer, Ramius’ CEO, says the Fund offers investors the chance to diversify their portfolios by accessing equity event strategies in a liquid format. "For years," he continues, "many sophisticated institutional investors have benefited from the success of best-in-breed activists and from investments in public company securities undergoing corporate events. Today, we are bringing this opportunity to a much broader range of investors. "

According to Ramius’ announcement, the fund focuses on publicly listed companies that are targets of shareholder activism, mergers, spin-offs, recapitalizations and restructurings. It will be co-managed by Andrew Cohen and Ethan Johnson, who said they believe the Fund is the "only single advisor mutual fund investing directly in activism and transformative corporate events."

Cohen joined Ramius in 2001 and is responsible for the firm’s fundamental proprietary investments in public equity ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Studies - Fund managers bullish on equities, alternative asset classes, Hedge funds starting to spurn emerging markets, Insurance companies take aggressive approach to hedge funds despite restricted exposure[more]

    Fund managers bullish on equities, alternative asset classes From Benefitnews.co: Asset allocation and risk continue to be the top issues for institutional investors in 2015 and, while nobody is sure what the economy will do in 2015, investment fund managers remain positive about investm

  2. Investing - New hedge fund strategy: Dispute the patent, short the stock, David Einhorn bets on AerCap as leasing company avoids turbulence, Top hedge funds reveal these best investing ideas, Hedge funds bet big on PetSmart price bump, Victory Park Capital increases investment in upstart to $500m[more]

    New hedge fund strategy: Dispute the patent, short the stock From WSJ.com: A well-known hedge-fund manager is taking a novel approach to making money: filing and publicizing patent challenges against pharmaceutical companies while also betting against their shares. Kyle Bass, head of Hay

  3. Tiger Global falls 2.9% in March, down 5.3% in Q1[more]

    From Reuters.com: Investment firm Tiger Global Management, one of the hedge fund industry's most closely watched players, told clients that its hedge fund lost 5.3 percent during the first quarter, an investor said on Wednesday. Much of the decline came in March when the fund lost 2.9 percent,

  4. It’s not just hedge funds—IMF study finds stability risks from ‘vanilla’ funds[more]

    From MarketWatch.com: Leveraged hedge funds and banklike money-market funds are the parts of the asset-management industry most associated with risks to financial stability. But a report from the International Monetary Fund suggests that “plain-vanilla” mutual funds and exchange-traded funds also ca

  5. Hedge funds gain 2.4% in Q1 driven by currency and commodity markets[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted positive results last March to conclude a strong first quarter, with performance driven by strong macro trends in currency and commodity markets, complemented by broad-based gains and positioning in event driven, equity hedge and fixed income-b

 

banner