MontLake Abrax Merger Arbitrage UCITS Fund
The MontLake Abrax Merger Arbitrage UCITS Fund is a global merger arbitrage and hard catalyst only focused investment fund managed by a highly experienced team.
Through in-depth research, judicious selection of deals, active trading and disciplined risk management, the Fund is focused on late stage M&A situations with firm merger agreements in place. The Fund only invests in developed markets, with strong regulatory frameworks.
Through selection of the best risk/reward merger arbitrage deals and not taking exposure to special situations or pre-event deals, the MontLake Abrax Merger Arbitrage UCITS Fund has a targeted annual net return of 6 to 8%, with a strong focus on capital preservation with low correlation to the wider equity markets.
MontLake Abrax Merger Arbitrage UCITS Fund
Xavier is Chief Investment Officer and Portfolio Manager of the Abrax Merger Arbitrage Funds, that he has been managing since its inception in May 2011. Xavier has a combined experience of 25 years in the Merger Arbitrage investment and in the M&A advisory Industries. Prior to his role at AUM AM Ltd and for the Abrax Merger Arbitrage Fund, he was a Senior Investment Analyst at Candriam (Dexia Asset Management) in Paris where he was responsible for similar event driven/merger arbitrage portfolios with combined assets of €3.2 billion. From 1997-2006 he worked at Lehman Brothers and Citigroup in M&A investment banking focused mainly on the TMT sectors, in Europe and in the US. Xavier started his career in 1995 as a proprietary M&A arbitrage trader at BNP Paribas in New York. Xavier holds a Civil Engineering Degree from the Ecole Supérieure des Travaux Publics and an MSc in Finance from ESSEC (Paris).
Olivier is a Senior Investment Analyst for the Abrax Merger Arbitrage Funds and has been focusing on event driven and merger arbitrage investing since 2006. Prior to joining Abrax in 2020, Olivier was Senior Portfolio Manager, Senior Investment Analyst as well as Management Committee member at Candriam (Dexia Asset Management ) in Paris where he was responsible for similar event driven/merger arbitrage €3.2bn funds. He has performed all of his career in the Merger arbitrage and Event Driven buy side, covering both North American and in European situations. Olivier holds an MSc in Finance and Accounting from the ESG business school as well as Masters degree in computer science.
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MontLake Abrax Merger Arbitrage UCITS Fund
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