Fri, Nov 28, 2014
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. Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop[more]

    From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan

  2. Opalesque Roundtable: Islamic Finance races ahead with Sukuk, the first managed account platform, and foreign demand[more]

    Komfie Manalo, Opalesque Asia: A number of developments took place within Islamic finance in the past years, including the launch of a Islamic managed account platform and the further growth of the sukuk space that saw this instrument evolve from being a type of an ABS security that was rarely

  3. CTAs , event-driven strategies lead hedge funds recovery in mid-November[more]

    Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief. CTA funds als

  4. Fund Profile - A complex hedge fund strategy works for United Technologies[more]

    From Institutionalinvestor.com: Reports that portable alpha is dead have been greatly exaggerated, as Mark Twain might have phrased it. Another Connecticut Yankee, giant United Technologies Corp., is gearing up to grow its successful, nearly decade-long portable-alpha program. The UTC strategy took

  5. Opalesque Exclusive: The unintended consequences of Basel III[more]

    Benedicte Gravrand, Opalesque Geneva: Bijesh Amin, co-founder and managing director of Indus Valley Partners (IVP), a technology solutions and services firm focused on the alternative asset management industry, has recently observed