Alternative Arbitrage Fund – Featured
January 11, 2022
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Alternative Arbitrage Fund – March 2024
Highlights Fund holding, Everbridge Inc (NASDAQ: EVBG, a critical event management enterprise software company) announced they had entered into an agreement to be acquired by private equity firm Thoma Bravo. The Fund initiated positions in 10 new merger deals with 9 deals held within the Fund closing. Dear Unitholders, The Pender Alternative Arbitrage Fund was up 0.7%[1] in March 2024. The Fund’s benchmark, the HFRI ED: Merger Arbitrage Index (USD) returned 0.6% during the same period. Download the PDF. M&A Market Update Global M&A is off to a strong start in Q1 2024 with $798 billion in deals announced through…
