Sun, Jul 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

High level of global M&A activity shows no signs of abating

Friday, June 13, 2014

amb
Andrew McGrath
Benedicte Gravrand, Opalesque Geneva for New Managers:

The M&A opportunity set has increased substantially in the past few months. In the first quarter of this year, the total value of global M&A amounted to $599bn ($344bn domestic, $255bn cross-border), up 32% from Q1-2013 and up 5.7% from Q4-2013, according to MergerMarket. April alone saw more than $250bn of transactions announced or proposed, by far the largest amount of situations seen in recent history. Momentum continues daily, and Burren Capital Advisors sees no sign of this momentum letting up.

Andrew McGrath, founder and CIO of Burren Capital Advisors, an emerging event-driven fund management firm, talks to Opalesque about the current M&A activity. He believes the current high level is here to stay - at least for a few years - as companies are finally confident enough to use their excess cash and take some risk by either freeing shelved deals or creating new ones.

Opalesque: What is driving the current high level of global corporate activity and how is your fund (the Burren Global Arbitrage Fund) navigating it?

Andrew McGrath: The investment focus is hard catalyst, global equity event driven. We primarily focus on events that have been formally announced and......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. Opalesque Exclusive: ArbitrOption outperforms benchmarks, up 7.18% in H1[more]

    Komfie Manalo, Opalesque Asia: Independent registered advisor ArbitrOption breezed through the tumultuous Brexit referendum and outperformed its benchmarks. ArbitrOption was up 7.18% in the first half of 2016 compared to the S&P 500 which gain

  4. Europe - European hedge funds shrink and shutter as turmoil hurts returns, Investors go bargain-hunting for U.K. property after Brexit vote, Brexit: Guidance for fund directors - what to know and what to ask[more]

    European hedge funds shrink and shutter as turmoil hurts returns From Bloomberg.com: Europe’s hedge-fund industry contracted for a sixth straight quarter as the U.K.’s decision to leave the European Union and concerns that China’s growth is slowing caused losses and forced some money man

  5. Platinum Partners starts liquidation of hedge funds following municipal union kickback scandal[more]

    Komfie Manalo, Opalesque Asia: Platinum Partners, the hedge fund in the middle of a New York City municipal union kickback investigation, is reported to be liquidating two of its funds, the New