Equity Investments

Merger Arbitrage

Philosophy

DuPont Capital focuses on exploiting asset class specific risk premia they have identified though their differentiated research and insights. Within Merger Arbitrage, the firms finds that traditional market participants focus on individual deal risk in M&A transactions, underestimating the consistency and annualized return profile of a diversified portfolio of definitive M&A deals.


Process

DuPont Capital seeks to build a portfolio of pending mergers that will generate a stable and consistent source of absolute return with low volatility and minimal correlation to broader equity and fixed income markets. The team follows a rigorous research process to identify a diversified set of global merger arbitrage opportunities with a specific focus on definitive transactions.


Merger Arbitrage

Assets Under Management:

$161 million

Strategy Inception:

June 1, 2015

Relevant Information:
Merger Arbitrage 2Q 2019 Equity Outlook 3Q19 - Merger Arbitrage

Latest Insights


  • The Art of the Deal – Update

    Author: Harris Arch, CFA & Dan Moore, CFA

    In early 2018, we penned a piece, “The Art of the Deal,” which generated quite a few investor questions.  As the year progressed, many of the themes included in the piece played out, some in unexpected ways.  ...

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  • The Art of the Deal – Spotlight on M&A in 2018

    Author: Harris Arch, CFA and Dan Moore, CFA

    Merger arbitrage strategies have enjoyed a plentiful opportunity set over the last several years as underlying dynamics have been favorable for deal making....

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Portfolio Management

Harris R. Arch, CFA

Portfolio Manager and Senior Equity Analyst

Daniel A. Moore, CFA

Portfolio Manager and Senior Credit Analyst