Objectives

Event Driven Strategies

Above-Market Returns with Below-Market Risk is the mantra that greets every investor, and it is our goal and commitment to our partners. We have achieved this goal through the founding partners’ alchemy of principles: experience, knowledge, patience, and discipline.

Event Driven Strategies

Merger Arbitrage

Financing Arbitrage

Spin Outs

IPOs

Convertible Arbitrage

Capital Structure Arbitrage

Quantitative Arbitrage

Partner Commitments

All employees reinvest a minimum of 50% of their performance fees into the fund. (100% is typical)

Caravel mandates that the employees’ combined investment is at all times the largest single investment in the fund.

Caravel employees represent 20% of assets under management.

Caravel notifies all partners of all investments and redemptions by employees monthly. (We would never invest in a company whose management did not disclose insider transactions, we don’t think our investors should either.)

These controls supplement Caravel Capital’s ability to maintain its above-market return with a below-market risk profile by controlling fund risk.

Providing transparency, accountability, and liquidity well beyond its competitors helps explain why the fund seldom has redemption requests and regularly has capital waiting to come in.

Objectives

Event Driven Strategies

Event Driven Strategies

Event Driven Strategies

Event Driven Strategies

Event Driven Strategies

Partner Commitments

More Information