Fund Focus: Water Island Capital

Nov 7 2013 | 10:18am ET

Water Island Capital was founded by John Orrico in 2000 as a single-mandate, merger-arbitrage mutual fund but the firm's ambitions, according to portfolio manager Todd Munn, were always loftier. Thirteen years later, Water Island has successfully gathered assets worth $3.5 billion and hired the expertise of 40+ people, including portfolio managers Gregg Loprete, previously of Ramius Capital; Ted Chen of Jefferies; Roger Foltynowicz of Jacobs Engineering (and the Cincinnati Reds, where he played professional ball); and James Powers, formerly of Torchlight Investors.

In Depth

Q&A: Tsai Capital Founder Sees Long-Term Opportunities In Emerging Markets

Apr 10 2014 | 9:48am ET

Christopher Tsai, whose $28 million long/short hedge fund is up 29% since inception...


Hedge Fund Manager's 'Iceberg Home' Melts

Mar 28 2014 | 4:58am ET

Bregal Capital founder Edmund Lazarus was set to get what many other London hedge...

Guest Contributor

AIFMD: Time To Back Up On Reverse Solicitation

Apr 8 2014 | 6:18am ET

U.S. fund managers are finding roadblocks to marketing in the European Economic...


Sponsored Content

Service Providers

Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…