“Client service is as important as any priority within the firm”
— John Orrico, CFA
President, CIO
About Us

Water Island Capital, the advisor to The Arbitrage Funds, was founded in 2000 with a mission to bring event-driven investment strategies, an option previously available only to large institutional investors and wealthy individuals, to any investor seeking alternative investments.

A pioneer in liquid alternative investments, Water Island Capital is an independent, employee-owned firm managing approximately $2.5 billion in assets across event-driven strategies. To learn more about our team and our approach, please visit the Water Island Capital website.