Hedge fund Tyrus profits from M&A revival

Reuters – Event-driven hedge fund Tyrus Capital has made a strong start to 2012, one of several managers to benefit from this year’s revival in European corporate deal making.

The flagship $1.8 billion fund at the London-based firm, run by Tony Chedraoui, rose 3.74 percent by Feb. 3, one source who has seen the numbers said, outperforming a benchmark index.

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