Omni Partners’ Omni Event Fund marked its third anniversary on 1 September, with USD355 million of assets under management in the strategy.
The Omni Event Fund delivered a 16.6 per cent net return to iinvestors in 2015 and is currently up over 8 per cent through the end of August 2016, as cited by BarclayHedge.
The fund is actively managed from Omni’s Irvine, California office and invests in the securities of companies undergoing significant corporate actions and other hard catalyst events globally.
Chief investment officer John Melsom says: “The robust corporate action environment, combined with our focus on hard catalyst events, continues to produce attractive absolute return opportunities across the globe.”
