Deals

Davidson Kempner Partner Risto Koivula Is Leaving US Hedge Fund

  • Koivula is one of Europe’s most senior merger arbitrageurs
  • Davidson Kempner built big stakes in M&A targets this year
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Risto Koivula, one of Europe’s most senior merger arbitrage investors, is leaving US hedge fund Davidson Kempner Capital Management, people familiar with the matter said.

Koivula, a partner at Davidson Kempner, is preparing to depart by year-end and plans to initially take some time off to pursue personal interests, the people said. He’s considering possibilities including setting up his own fund, according to the people, who asked not to be identified as the matter is private.