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.
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…