Inside Kite Lake Capital’s $2B Event-Driven Strategy: Merger Arbitrage Mechanics, Reverse Arb Execution, and European Credit Shorts

How Kite Lake screens 500–600 M&A deals annually, executes reverse merger arb shorts, and caps European credit exposure at $1B — with 14 consecutive profitable years.

Most hedge funds claim “hard catalyst” discipline. Kite Lake Capital Management actually enforces it: 95% of positions require a contractual event with a defined timeline. No soft catalysts. No activist situations. No management change speculation.

The London-based event-driven firm manages approximately $2 billion across its flagship Cayman vehicle and …