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Davidson Kempner Capital Management Takes 6.5% Stake in ROI Acquisition Corp

Davidson Kempner Capital Management: Davidson Kempner, a hedge fund managed by Thomas Lenox Kempner, just disclosed ownership of almost 1.1 million shares of ROI Acquisition Corp II (NASDAQ:ROIQU), a filing with the SEC showed. In this way, the stake in ROI Acquisition Corp, which represents around 6.5% of the company, has a value of $11.9 millon, at the current price of company’s stock. This is a new addition to the equity portfolio of Davidson Kempner.

Roi acquisition Corp

ROI Acquisition Corp II is a blank check company. The company announced about its IPO on September 16, offering 12.5 million shares, at a price of $10 apiece. ROI Acquisition Corp II is involved in purchasing businesses with a focus on industries such as consumer products, retail and restaurants. Earlier this year, ROI Acquisition Corp. merged with EveryWare Global, Inc., a company specialized in consumer tabletop and foodservice markets.

Aside from ROI Acquisition Corp II, we should mention some other holdings in the equity portfolio of Davidson Kempner. As follows, the hedge fund holds a $54.5 million stake in Metlife Inc (NYSE:MET), which contains 1 million shares. Some other picks involve Sprint Corporation (NYSE:S), in which the hedge has a position worth $54.3 million, and Pfizer Inc. (NYSE:PFE), whose stake in Davidson Kempner Capital Management’s portfolio amounts to $50.3 million.

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Disclosure: none

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