Schuss Capital, a New York-based hedge fund that specialising in arbitrage strategies, has launched a new fund, with a target of $300 million, which will employ a small-cap merger arbitrage strategy.

Schuss Capital (Schuss), a New York-based hedge fund that specialising in arbitrage strategies, has launched a new fund, with a target of $300 million, which will employ a small-cap merger arbitrage strategy. 

Small-cap merger arbitrage is a specialised investment strategy that seeks to profit from the price discrepancy that often occurs when a company announces a merger or acquisition. This strategy involves buying shares of the target company at a discount to the offer price and then selling them after the merger is completed at the full offer price. 

The fund will be managed by a team of experienced investment professionals with a track record of success in Merger Arbitrage. The team will leverage Schuss Capital’s proprietary investment platform and analysis to identify investment opportunities and execute trades in the small-cap space.

“We believe that the small-cap space offers a compelling opportunity for investors, particularly in the context of the current market environment,” says Paz  Grimberg, founder and CEO of Schuss Capital. “Our team has a deep understanding of this market, and we are well-positioned to capitalise on the opportunities that arise.”