LibertyView enters growing European arbitrage market

The growth of the European merger arbitrage industry continues with the launch of a Dublin-domiciled fund from LibertyView, a subsidiary of CPR Alternative Asset Management (CPRAM). The fund will be managed by Valerie Anderson, formerly an analyst on the merger arbitrage desk at Morgan Stanley in New York. Bernard Dennery, director of CPRAM, said: "There are relatively few merger arbitrage funds that concentrate purely on Europe. We already have expertise of running this asset class in the US, but as a European-based organisation we feel we can add value in Europe through our local expert...