London Lodbrok Capital Hedge Fund Posts 32% Gain for 2021
- Fund helped engineer rejection of Elliott’s bid for Aryzta
- Merger arbitrage, reopening trades, energy offer opportunities
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Lodbrok Capital LLP’s European Credit Opportunities Fund gained 32% last year thanks to investments on Swiss bakery firm Aryzta AG, U.K. oil services firm Valaris Plc and German industrial property company Deutsche Industrie REIT AG, according to an investor letter.