SilverPepper Funds(1)
Consistent Returns in Announced Mergers
SilverPepper Merger Arbitrage Fund
US> Small-Cap > Growth
Jun 06, 2016
Steve Gerbel, portfolio manager of the SilverPepper Merger Arbitrage Fund, does not speculate on whether a company will be acquired. Instead, the fund invests after the merger has been announced and targets the increase over the next three or six months. Since 96% of the announced mergers do actually close, the strategy aims to provide consistent returns with low volatility and low correlation to the equity market.