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.

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