Episode 9: Celebrating 20 Years of Event-Driven Investing

In this episode, Water Island Capital founder and CIO John Orrico discusses the formation of Water Island Capital and launch of Arbitrage Fund 20 years ago, the current environment for merger arbitrage, and how the landscape has changed over two decades.
[Transcript]

The discussion of market trends and companies throughout this podcast are not intended as advice to any person regarding the advisability of investing in any particular security or strategy. Any securities mentioned are selected for discussion purposes only and may not represent current holdings of Water Island Capital, LLC ("Water Island") or The Arbitrage Funds. Our views, opinions, and estimates – including any forward-looking statements – are a reflection of our best judgment at the time of recording and are subject to change based on market and other conditions. Water Island is under no obligation to update or revise any such views or statements, except as required by law. Past performance is no guarantee of future results. Additional information about Water Island can be obtained from our Form ADV, which is available at adviserinfo.sec.gov. View top ten holdings. Visit the glossary for definitions of terms.