This content is from: Premium

Merger Mania Pays Off for Farallon — to a Point

The San Francisco–based multistrategy hedge fund firm posted solid gains from merger arbitrage, but its overall returns remain muted.

Farallon Capital Management has made a big bet on the boom in mergers, which has played a major role in its profitability so far this year. The San Francisco–based multistrategy hedge fund firm headed by Andrew Spokes aggressively lifted its exposure to merger arbitrage from 17.2 percent to 33.1 percent in

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content