Sat, Feb 6, 2016
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. How Einhorn survived a nightmare year[more]

    From Bloomberg.com: Even when a hedge fund has an awful year, which was the case for David Einhorn's Greenlight Capital, there are lessons to be learned. Many funds would have had a tough time surviving a year like Einhorn experienced in 2015, when all the stars seemed to align against him and Green

  2. Legal - Hedge fund founder wins early release in U.S. insider trading case, Gramercy seeking $1.3 billion from Peru over land-bond dispute[more]

    Hedge fund founder wins early release in U.S. insider trading case From Reuters/Streetinsider.com: Former hedge fund manager Doug Whitman on Tuesday won a reprieve from serving the remainder of his two-year sentence for insider trading after several judges expressed skepticism that his 2

  3. Investing - David Einhorn finds a winner in Michael Kors[more]

    From Thestreetinsider.com: Greenlight Capital hedge fund manger David Einhorn took his lumps in 2015. The fund lost over 20 percent on the year amid bets gone bad being long a plunging SunEdison and short a couple high-flying FANG stocks. However, today Einhorn is again showing his stock picking pro

  4. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  5. Computer-driven hedge funds make money during January’s selloff[more]

    Komfie Manalo, Opalesque Asia: Commodity trading advisers (CTAs) that use computer programs to guide how they trade, made millions of dollars during last month’s market selloff on the back of declining oil prices and global equities and big moves in currencies. Data provider