This site uses cookies to confirm your selections for future visits. By using the site without changing settings, you agree to our use of cookies.

O’Connor Event Driven UCITS Fund

Firm Overview

  • UBS Asset Management (Americas) LLC includes the former UBS O’Connor, the hedge fund arm of UBS Global Asset Management.
  • As of 1st April 2024 UBS O’Connor was formally merged into UBS AM Americas LLC, with offices globally, including Chicago, London, New York, Hong Kong and Singapore.
  • Portfolio managers are Joe Newell and Blake Hiltabrand.

Strategy Overview

  • The strategy seeks to invest in securities of companies where a significant event has taken place or they believe will occur. Active allocation among different event driven strategies to maximise the different opportunities across: Merger Arbitrage strategies and Capital Structure Arbitrage strategies.
  • Global mandate in developed markets with the majority in US. Focus on hard catalysts where is a clear timeline and payoff structure exists.
  • Uncorrelated return stream in the high single digits with mid-single digit volatility. These returns have a low correlation and beta to the equity and fixed income markets.

Biography

Blake Hiltabrand, Global Head of UBS O’Connor

Blake Hiltabrand is the CEO and Head of Event-Driven Strategies at UBS O’Connor, based in Chicago. Prior to joining UBS O’Connor in 2007, he was an Assistant Portfolio Manager at Deep haven Capital and Amaranth Advisors LLP. Blake was also previously an Associate and Senior Analyst at Goldman Sachs in their equity division primarily focusing on event driven research. Blake holds a BA in Economics from Wake Forest University and is a CFA Charter holder.

Joe Newell, Head of Merger Arbitrage

Joe Newell is a Managing Director and Head of Merger Arbitrage at UBS O’Connor, based in Chicago. He also is a member of the Capital Allocation Committee for the UBS O’Connor Global Multi-Strategy Alpha Fund. Previously, Joe was a trader on the US risk arbitrage desk at UBS Investment Bank. Joe’s trading career began on the floor of the Chicago Board Options Exchange. Joe holds a BS in Business Administration from the Haas School of Business at the University of California, Berkeley.

Chris Brezski, Portfolio Manager, Opportunistic

Chris Brezski is a Portfolio Manager on the Global Event-Driven team at UBS O’Connor, based in Boston. Prior to joining UBS O’Connor in 2018, Chris built an alternatives business at T. Rowe Price in their Asset Allocation division. Prior to T. Rowe, he managed both the Equities Special Situations desk and a proprietary trading business at Barclays Capital. Previously, he was a Partner and Portfolio Manager at Tenor Capital Management and a distressed analyst at Lehman Brothers. Chris began his career as a consultant to derivatives dealers at PricewaterhouseCoopers. Chris holds an Accounting Degree from Lehigh University, an MBA from Harvard Business School, and is a CFA Charter holder.

Gurpreet Ottal, Portfolio Manager, Merger Arbitrage

Gurpreet Ottal is a Managing Director and Portfolio Manager on the Global Event-Driven team at UBS O’Connor, based in London. Prior to joining UBS O’Connor in 2015, he was a Portfolio Manager at TT International, in London, managing a Global Event-Driven strategy within the firm’s hedge fund business. Prior to TT International, Gurpreet worked at CR Intrinsic (a unit of SAC Capital), in London, focusing on European and US event-driven situations. Gurpreet began his career at Lehman Brothers, in London, within the firm’s Global Trading Strategies group, an internal hedge fund focused on event-driven situations across equity and debt. Gurpreet holds an M.A. in Economics from Cambridge University.

Pricing

Prices and performance by share class
Fund name Class ISIN Ccy NAV Daily change % change MTD Price date
OConnor Event Driven UCITS Fund B EUR (ACC) IE000LBRUQE3 EUR 104.29 0.05 0.05% 0.14% 16/04/2026
OConnor Event Driven UCITS Fund B USD (ACC) IE00062ZT5Z9 USD 115.09 0.07 0.06% 0.22% 16/04/2026
OConnor Event Driven UCITS Fund E EUR (ACC) IE00BKX8M260 EUR 1095.42 0.56 0.05% 0.16% 16/04/2026
OConnor Event Driven UCITS Fund E GBP (ACC) IE00BL6KD343 GBP 1163.58 0.85 0.07% 0.25% 16/04/2026
OConnor Event Driven UCITS Fund E USD (ACC) IE00BKX8M377 USD 1184.27 0.83 0.07% 0.27% 16/04/2026
OConnor Event Driven UCITS Fund I1 EUR (ACC) IE00BMCFJ106 EUR 107.61 0.05 0.05% 0.11% 16/04/2026
OConnor Event Driven UCITS Fund I1 GBP (ACC) IE000HFDCNA5 GBP 114.77 0.08 0.07% 0.22% 16/04/2026
OConnor Event Driven UCITS Fund I1 USD (ACC) IE00BMCFJ213 USD 116.07 0.08 0.07% 0.24% 16/04/2026
OConnor Event Driven UCITS Fund I2 EUR (ACC) IE000X7ITAN1 EUR 107.94 0.05 0.05% 0.15% 16/04/2026
OConnor Event Driven UCITS Fund I2 USD (ACC) IE000P2WC9H2 USD 116.86 0.08 0.07% 0.25% 16/04/2026
OConnor Event Driven UCITS Fund I3 EUR (ACC) IE000UUESDD6 EUR 114.26 0.05 0.05% 0.17% 16/04/2026
OConnor Event Driven UCITS Fund I3 USD (ACC) IE000Y25YBA5 USD 117.50 0.08 0.07% 0.25% 16/04/2026
OConnor Event Driven UCITS Fund S1 USD (ACC) IE00BKX8M484 USD 1213.38 0.86 0.07% 0.28% 16/04/2026
OConnor Event Driven UCITS Fund S2 EUR (ACC) IE00BKX8M591 EUR 11407.99 5.39 0.05% 0.19% 16/04/2026
OConnor Event Driven UCITS Fund S2 GBP (ACC) IE000RW24AX0 GBP 11719.78 8.04 0.07% 0.25% 16/04/2026
OConnor Event Driven UCITS Fund S2 USD (ACC) IE00BKX8M609 USD 11892.70 8.18 0.07% 0.27% 16/04/2026

Documents

Prospectus and Supplements
  • Performance Scenarios ⋅ EN
  • IAM Investments ICAV - DE Prospectus ⋅ EN
  • IAM Investments ICAV - OFR UK Country Supplement ⋅ EN
  • O'Connor Event Driven UCITS Fund supplement ⋅ EN
  • IAM Investments ICAV - CH Country Supplement ⋅ EN
  • IAM Investments ICAV - EEA Country Supplement ⋅ EN
  • IAM Investments ICAV Prospectus ⋅ EN
Financial Statements
  • IAM Investments ICAV Annual Report September 2025 ⋅ EN
  • IAM Investments AIF ICAV 30 June 2025 ⋅ EN
  • IAM Investments ICAV Interim 31 March 2025 ⋅ EN
Key Information Document (KID)
  • O'Connor Event Driven UCITS Fund - Class B EUR (ACC) ⋅ ENIT
  • O'Connor Event Driven UCITS Fund - Class B USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class E EUR (ACC) ⋅ ENESITDEFR
  • O'Connor Event Driven UCITS Fund - Class E GBP (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class E USD (ACC) ⋅ ENESIT
  • O'Connor Event Driven UCITS Fund - Class I1 EUR (ACC) ⋅ ENESDE
  • O'Connor Event Driven UCITS Fund - Class I1 GBP (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class I1 USD (ACC) ⋅ ENES
  • O'Connor Event Driven UCITS Fund - Class I2 EUR (ACC) ⋅ ENES
  • O'Connor Event Driven UCITS Fund - Class I2 USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class I3 EUR (ACC) ⋅ ENDE
  • O'Connor Event Driven UCITS Fund - Class I3 USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S1 USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S2 EUR (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S2 GBP (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S2 USD (ACC) ⋅ EN
Key Investor Information Document (KIID)
  • O'Connor Event Driven UCITS Fund - Class E EUR (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class E GBP (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class E USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class I1 EUR (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class I1 USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S2 EUR (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S2 GBP (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class S2 USD (ACC) ⋅ EN
  • O'Connor Event Driven UCITS Fund - Class I1 GBP (ACC) ⋅ EN

Subscription documentation available upon request. Please send us an email for more information.

For details on the Carne Global Fund Managers (Ireland) Limited, the manager of the IAM Investments ICAV, remuneration policy please click here.


International Asset Management is authorised and regulated by the Financial Conduct Authority. Registered Office: 11a Regent Street, London, SW1Y 4LR. Registered in England No. 2355655. VAT Registration No. 532 4129 73. Legal Disclaimer.
Privacy Notice