New Zealand Superannuation Fund Backs Merger Arb Mandate
Posted on 03/01/2016
The New Zealand Superannuation Fund (NZSF) allocated US$ 200 million to a merger arbitrage mandate. A subsidiary of Ramius LLC won the mandate. Ramius is an alternative investment manager owned by Cowen Group. This is the superannuation fund’s first allocation toward a merger arbitrage strategy. In simplistic terms, the strategy entails generating returns over the […]
