P Schoenfeld Asset Management (PSAM) has appointed John McVeigh as a Deputy Portfolio Manager of US Merger Arbitrage.
McVeigh brings more than 12 years of investment experience in merger related situations to PSAM. Most recently, he was a Managing Director at TIG Advisors, a global event-driven fund focused on M&A, corporate restructurings and merger related special situations with more than USD1.5 billion in assets under management.
“John will be a strong addition to our recognised teams in New York and London and will reinforce our long term commitment to the strategy. His presence reflects our ongoing effort to expand our expertise and capabilities and exploit what we expect to be a rich set of opportunities in the global event driven space,” says Peter M Schoenfeld, Founder, CEO and CIO of PSAM. “We are confident that he will bring valuable insights and experience to our investment process, helping us build on our recent momentum and continue to deliver strong results for our investors.”
“PSAM has always been a leading name in the event-driven and M&A space, and I am thrilled about this opportunity,” says McVeigh. “PSAM has an impressive track-record spanning 20 years, and I look forward to helping to continue to build upon its success.”