Melqart Asset Management has launched a new fund on the Investcorp-Tages UCITS platform, the Melqart Event Driven UCITS Fund. Melqart Asset Management was founded in 2015 by Michel Massoud and currently manages $1.7 billion on behalf of a global client base, which includes some of the world’s pre-eminent hedge fund investors.
Melqart Asset Management (Melqart) has launched a new fund on the Investcorp-Tages UCITS platform, the Melqart Event Driven UCITS Fund. Melqart Asset Management was founded in 2015 by Michel Massoud and currently manages $1.7 billion on behalf of a global client base, which includes some of the world’s pre-eminent hedge fund investors.
The Melqart Event Driven UCITS Fund is managed by Massoud as CIO, alongside portfolio managers Joseph Gebran and Can Ozdemir, both of whom have been at Melqart since launch. The three portfolio managers have over half a century of combined experience.
The new fund, which provides exposure to the firm’s primary investment strategies in a daily liquidity, UCITS format, seeks to achieve positive risk adjusted returns, extracting the maximum value from event-driven opportunities through a dynamic allocation between two sub-strategies: merger arbitrage and special situations.