The entrepreneurial spirit of Gabelli Asset Management is coming to Europe. The US event-driven investment specialist, founded by Mario Gabelli in 1976, has been investing in Europe for more than 20 years, but the exponential growth in corporate takeovers over the past three years has been a driver for the new investment office in London, says Marc Gabelli, son of the founder.

Event-driven strategies involve investing in stocks whose price is affected by an external event such as a merger or takeover.