Decagon Asset Management LLP was founded in 2022, with offices in London and New York. The firm employs a global hard-catalyst event-driven strategy, focused on announced corporate actions. The DAM strategy operates three uncorrelated sub-strategies: risk arbitrage, back-end trades, and SPACs & liquidations. The DAM strategy seeks to produce attractive risk-adjusted returns with low annualised volatility, minimal market beta, and limited correlation to any other asset class The investment team is led by the CIO Ben Durham.