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.