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Alternative Assets  + Hedge Funds  | 
Hedge Fund Melquart Launches Event-Driven Strategy on Investcorp-Tages UCITS Platform

Hedge Fund Melqart Launches Event-Driven Strategy on Investcorp-Tages UCITS Platform

Event-driven hedge fund Melqart Asset Management has partnered with global multi-manager and seed capital provider Investcorp-Tages to open its merger arbitrage and special situations-focused strategy – Melqart Event Driven UCITS Fund – on Investcorp-Tages’ UCITS platform.

The new fund, which provides exposure to the firm’s primary investment strategies in a daily liquidity, UCITS format, seeks to achieve positive risk adjusted returns, extracting the maximum value from event-driven opportunities.

The fund is managed by founder and CEO Michel Massoud, along with portfolio managers Joseph Gebran and Can Ozdemir, both of whom have been at Melqart since its launch in 2015.

“Through this launch we are now able to offer our established Event Driven strategy to the UCITS investor community. The fund draws upon Melqart’s deep experience in evaluating the risk-reward opportunity in corporate events in European and US markets to deliver attractive risk-adjusted returns to investors,” said Massoud.

Investcorp-Tages is a global multi-manager investment firm that launched in May 2020 through a 50/50 joint venture between Investcorp and Tages Group. UK-based Melqart currently manages $1.7 billion on behalf of a global client base, which includes some of the world’s pre-eminent hedge fund investors.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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