Strategy
Alternative Investments
The Driehaus alternatives team manages the Driehaus Event Driven strategy. The Event Driven strategy employs an array of trade strategies that seek to deliver superior risk adjusted returns, while exhibiting low correlation and less volatility relative to major asset classes/event driven indices. The strategy is led by portfolio managers Michael Caldwell, Thomas McCauley and Yoav Sharon.
Institutional Investors
Our institutional sales team will be pleased to address questions and requests related to separately managed account vehicles that employ our investment strategies.
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Driehaus Event Driven Strategy
View DetailsDriehaus Event Driven Strategy
The strategy seeks to provide superior risk adjusted returns with low correlations to major asset classes and lower volatility than the S&P 500 Index.
Facts
- Strategy Inception Date
- Feb 01, 2013
- Total Strategy Assets
As of Oct 31, 2021
- $773M
Separately Managed Accounts
- Open to New Investors
- Yes
Funds
Philosophy & Process
Event Driven
We believe attractive event-driven investments exist in the global equity and credit markets due to the highly idiosyncratic nature of event-driven situations. Traditional market participants are often unwilling or unable to navigate the capital structure, legal, and regulatory complexity of event driven situations and/or may have discomfort with binary outcomes. The strategy seeks to exploit these market inefficiencies by applying a highly specialized event driven investing framework which enables us to identify the most attractive risk adjusted return opportunity for a given situation.
Featured Commentary
Driehaus Event Driven Fund September 2021 Commentary with Attribution
In recent letters, we have discussed the flurry of activity that has occurred beneath the surface of seemingly placid market conditions. We have pointed to the adage of the duck that appears to effortlessly glide across the water while its legs kick chaotically beneath the surface. During the third quarter, those sub-currents of market dislocation and corporate action rose to the surface, and today the market is flush with both macroeconomic uncertainty and an increasing amount of corporate activity.
Driehaus Event Driven Fund June 2021 Commentary with Attribution
Cheers to Three Years! Congrats to our Driehaus Event Driven Team, Tom McCauley, Yoav Sharon and Mike Caldwell, on three years of managing the Event Driven Strategy. Thank you to our investors who have entrusted our team to execute our investment process in the pursuit of attractive risk-adjusted returns.
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