FPM

Merger arbitrage software your fund runs on, not another data feed

Data subscriptions tell you a deal exists. FPM is the system your team runs it in: the live pipeline, the computed spread math, the regulatory risk per jurisdiction, and the audit trail your investment committee asks for.

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The math, computed

Spread, annualised yield, upside against offer terms including dividends and withholding tax, downside to unaffected price, implied success probability and expected value. Entered once, computed consistently, recomputed when terms change.

Regulatory risk per deal

Merger control and foreign-investment screening mapped per jurisdiction: 221 authorities, 103 regimes and 198 precedent cases, linked to each live situation.

A tracker that is also a record

Every deal carries its offer documents, notes, assessments and reviewer sign-offs. When the position closes, the record is your post-mortem, not a lost spreadsheet tab.

Not a data terminal

FPM does not sell you deal flow. It structures the research your analysts already do, on the deals you already follow, in your own Microsoft tenant.

FAQ

Questions we get asked.

Is FPM a merger arbitrage data feed or screener?

No. FPM is workflow software: it structures your own pipeline, assessments and documents. It complements data sources rather than replacing them; analysts or AI agents bring the deals in.

Does FPM calculate the arb spread automatically?

Yes. Offer terms, dividends and withholding tax produce upside, spread, annualised yield, implied success probability and expected value, computed server side so every analyst sees the same numbers.

Can smaller funds use it?

FPM was built with a small special situations team and is priced for boutique funds and family offices, not only platforms with in-house engineering.

Deal management for hedge funds Runs in your Microsoft 365 tenant DealCloud alternative

Curious whether FPM fits your fund?

Let us walk through your current deal workflow, data sources, and regulatory coverage together, and identify where FPM creates immediate value.