Westchester Capital Management manages investments for affiliated and non-affiliated mutual funds, specializing in merger arbitrage, event-driven, and credit-event strategies. These strategies aim to profit from corporate reorganizations and specific events. Westchester invests in various securities, tailoring its services to each fund's objectives and restrictions. Westchester is a subsidiary of Virtus Investment Partners.
Fee Structure
Westchester Capital Management does not directly manage investments for individual investors. They provide investment management services to mutual funds and other pooled investment vehicles. Fees for these services are negotiated separately with each fund or its advisor and are based on a percentage of the fund's assets.