P. Schoenfeld Asset Management LLC

• Private
• US

Dow Jones Description

With its primary focus on research and risk management, PSAM seeks to achieve superior long term risk-adjusted rates of return by globally arbitraging a diversified portfolio of the securities and obligations of companies involved in significant corporate events. These events may result in a change of control, capital structure, or corporate strategy for the corporation. What is PSAM's Global Event Strategy? PSAM seeks to capture arbitrage profit from pricing discrepancies in the securities, obligations, and claims of companies involved in U.S., international, and cross-border mergers, takeovers, bankruptcies, liquidations, privatizations, spin-offs, and other forms of corporate reorganizations. PSAM implements this strategy through close coordination between our New York and London offices and has: - Low correlation to other asset classes - Absolute return objectives What is PSAM's Credit Opportunity Strategy? PSAM seeks to produce attractive returns by applying an event-driven and value oriented approach to investments in companies that are, have been, or will be in financial distress. PSAM's Decision Process: PSAM New York has been integrating London research and trading into the decision process since 1986 by coordinating time zone and local market differences. A systematic process based on analyzing value and risk is monitored in daily morning meetings held via videoconference between the New York and London offices.

President & Managing Partner

Number of Employees 100

Contact Information

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