Mon, Dec 18, 2017
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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  3. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c

  4. Opalesque Exclusive: Credit Suisse Asset Management's NEXT Investors leads $6M Series A round for LUX Technology and Services[more]

    Bailey McCann, Opalesque New York: Credit Suisse Asset Management's NEXT Investors has led a $6 million Series A funding round for LUX Technology and Services, a business and technology solutions provider for the alternative assets industry. The investment will be used to fuel growth of Trans

  5. eVestment: hedge funds extend winning streak[more]

    Bailey McCann, Opalesque New York: Hedge funds marked their 13th consecutive month of positive returns in November with +0.47% average returns for the month, according to the latest Hedge Fund Performance Report from eVestment. Activists, long/short and quant equity strategies are producing