Investment Objective
Bantleon Event Driven Equities focuses on traditional risk arbitrage and other corporate event driven opportunities, mainly in Europe and in North America. The team applies a fundamental approach seeking to identify companies where a defined corporate catalyst or event can unlock value. The portfolio is typically split across three sub-strategies: risk arbitrage (40-80% of NAV, mainly merger arbitrage and SPAC arbitrage), relative value (10-30% of NAV, mainly holding discounts, share class arbitrage) and special situations (10-30% of NAV). The fund’s allocation process is dynamic to reflect the prevailing opportunity set in each phase of the economic cycle. The portfolio is typically made up of 60-80 situations, with a bias towards Europe.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.8 | 0.6 | 0.5 | 0.2 | 0.4 | 0.2 | 0.7 | 0.5 | 0.8 | 0.9 | 0.5 | 0.8 | 0.9 | |
| 2020 | 0.3 | 0.5 | 0.5 | 0.9 | 0.2 | 0.1 | 0.7 | 0.9 | 0.3 | 0.8 | 0.7 | 0.1 | 0.1 |
