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Behringer Frank Muller

Provasi Capital Partners to distribute Quaker Event Arbitrage Fund


The Quaker Event Arbitrage Fund has joined Provasi Capital Partners’ investment platform. The Fund – a multi-strategy event-driven mutual fund – is focused on long-term growth of capital that invests in securities of issuers that are experiencing corporate events.

"We are very pleased to welcome the Quaker Event Arbitrage Fund to our platform and provide financial advisors with access to an event-driven strategy," says Frank Muller (pictured), CEO and President of Provasi Capital Partners. "By tactically allocating within different sub-strategies, the Fund is able to offer investors enhanced levels of diversification and seeks to mitigate risk."
Event-driven investing focuses on company-specific events. Examples of events include mergers, acquisitions, distressed securities, activist situations, liquidations, and other investment opportunities borne out of a change in a company's capital structure. These changes have the ability to capitalise on pricing inefficiencies that have the potential to generate attractive returns.
"When Thomas Kirchner opened the Fund in 2003, the event-driven investment strategy was virtually unknown to all but institutional investors. This liquid, transparent, lower cost event-driven vehicle was the next step in the evolution of the alternative mutual funds that Quaker has been offering since 1996," says Justin Brundage, President of Quaker Funds, Inc. "We believe this partnership will allow the Fund to reach a larger audience, based on the strength of Provasi Capital Partners' advisor network."

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