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Taconic Launches New Vehicle to Take Advantage of Merger Arb Opportunities

Event-driven and multi-strategy hedge fund firm Taconic has raised more than $1.5 billion in about 13 months.

The potential for a winning merger arbitrage environment is behind the launch of another new fund from Taconic Capital Advisors.The event-driven and multi-strategy hedge fund firm recently raised about $85 million for the first close of a new vehicle as part of its Taconic Co-Investment Fund (TCIF), according to a

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