General Investing >> Money Manager Interviews >> June 3, 2014

Investing in Announced M&A Using a Reactionary Strategy

Drippe, Peter A.
Peter A. Drippe is Portfolio Manager of the Visium Event Driven Fund’s Merger Arbitrage Strategy at Visium Asset Management, LP, and has 29 years of investment experience. He joined Visium Asset Management, LP in 2011 upon the completion of a strategic transaction between Catalyst Investment Management Co., LLC, and Visium Asset Management, LP. Previously he served as Vice President of the proprietary trading desk in the convertible arbitrage department at PaineWebber. He also focused on convertible arbitrage, merger arbitrage and high-yield debt strategies at Highbridge Capital Management, LLC. Profile
TWST: How does your sleeve interface with the fund's overall structure and strategy?

Mr. Drippe: We think of the event-driven side of the fund as premerger arbitrage, and the arbitrage