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P. Schoenfeld Bets on Deals
Event-driven specialist PSAM has sharply ramped up its exposure to merger investments.
P. Schoenfeld Asset Management is bullish on deals.The event-driven-oriented hedge fund firm has sharply ramped up its exposure to merger arbitrage opportunities.The firm, founded in 1997 by Peter Schoenfeld, emphasizes three strategies: merger investments, credit — including distressed and stressed obligations — and special situations. It sometimes launches activist campaigns
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