Westchester Capital Q2 Review

Portfolio Managers Roy Behren and Mike Shannon discuss the drivers behind our funds’ Q2 performance and offer their insights on the global markets in our Q2 Quarterly Review for shareholders.

Bloomberg

Surrounding recent reports of Tesla going private, Westchester Capital Management’s Roy Behren highlights the lack of arbitrage opportunity and absence of details for traders in Elena Popina and Joshua Fineman’s Bloomberg piece, “Tesla Is Too Risky for These Traders.”

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Wall Street Journal

In Bailey McCann’s Wall Street Journal piece, “How Investors Can Cash In on the M&A Boom,” portfolio manager Roy Behren discusses the benefits of companies having cash on hand for investors in merger-arbitrage funds seeking deal completion.

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