|
|
 |
| |
|
Home > Financial Services > Stock Brokers > Kdc Merger Arbitrage Fund, Lp
Kdc Merger Arbitrage Fund, Lp
Kdc Merger Arbitrage Fund, Lp is a member of NASD, the National Association of Securities Dealers. NASD is a self-regulatory organization of the securities industry responsible for the operation and regulation of the NASDQ stock market and over the counter markets. It also administrates exams for the investments professionals, such as the series of 7 exams.
As a registered investment advisor, Kdc Investment Management, LP is subject to more stringent reporting and operating requirements. The Principals individually have over twenty years of investment experience. The firm has a history of superior risk-adjusted returns. They have an extensive in-house research integrated with trade and execution.
The Multi-Strategy portfolios are allocated among a combination of the firm's four investment strategies of Merger Arbitrage, Convertible Arbitrage, Distressed and High Income, Special Situations.
The objective of the Merger Arbitrage Strategy is to provide returns with low volatility and low correlation to the equity markets. They have the features such as to participate in announced deals, Hedge all non-event risk in the securities, Continuous analysis of profit potential and risk parameters of each investment, Diversified portfolio, typically 30 to 50 positions, Limited leverage, Strategic use of options and hedges to offset specific deal risk, Low Beta and low R-Square, suggesting low correlation to market movements, High Alpha and Sharpe ratio, suggesting returns exceed risks.
The objective of the convertible arbitrage strategy is to seek better then equity-like returns with lower volatility and little correlation to the overall equity markets by capturing the pricing discrepancies that exist between a convertible security relative to the underlying common stock. Distressed and high income investing involves the purchase of securities in companies experiencing financial and/or operational difficulties. Portfolio investments may include bank debt, bonds, convertible securities, and equities.
High yield market continues to grow with record levels of issuance in recent years. While default rates are low, they believe access to capital and liquidity are masking fundamental operational and financial issues, which will lead to additional opportunities in distressed debt.
Special situations investing typically encompass a variety of investment strategies. In general, however, it involves investing in the securities of companies that are subject to particular external or internal extraordinary events. These include, but are not limited to, recapitalizations, liquidations, restructurings, spin-offs, rights offerings, management changes, proxy contests, contests for control, business repositioning, or any other atypical occurrence outside the normal course of business.
Financial Services Companies
all are here at FinancialBrowsers.com Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.
Back to Stock Brokers
|
|
|
|
|
|
|