Equity Investments

Merger Arbitrage and Merger Arbitrage Enhanced

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:

$258 million

Strategy Inception:

June 1, 2015

Relevant Information:
Merger Arbitrage and Merger Arbitrage Enhanced 2Q2021 Fact Sheet Equity Outlook 2Q21- Merger Arbitrage

Merger Arbitrage Enhanced

Assets Under Management:

$89 million

Strategy Inception:

March 1, 2020

Relevant Information:
Merger Arbitrage and Merger Arbitrage Enhanced 2Q2021 Fact Sheet Equity Outlook 2Q21 - Merger Arbitrage

Latest Insights


  • Counting Chickens: Risk Management During the SPAC Lifecycle

    Author: Harris Arch, CFA, Portfolio Manager, Merger Arbitrage & Senior Analyst, Global Equities and Dan Moore, CFA, Portfolio Manager, Merger Arbitrage, and Senior Credit Analyst

    Utilizing proper risk management, Special Purpose Acquisition Corporations (SPACs) can provide an attractive, asymmetric return profile that can complement arbitrage strategies and add to portfolio performance....

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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