Where each action
is a reaction.

Broome Street Capital,
established 2016

Broome Street Capital LLC, a New York-based family office founded in 2016, conducts in-depth analysis into the world’s most binary trading events. Unlike conventional hedge funds, which are positioned to anticipate news, Broome Street operates a long/short strategy that is primarily reactionary, and capitalizes when the rest of Wall Street is caught off-guard. The firm’s strategies focus on merger-arbitrage, deal speculation, shareholder activism and special situations involving corporate actions.

“If you’re not a person whose starting point is ‘What am I missing?’ rather than ‘How frickin’ great am I?’ you are missing something essential to survival. ‘What am I missing?’ is like oxygen.”

— Paul Singer

According to Sources

Hosted by Broome Street Capital founder Michael Samuels, According to Sources is a weekly conversation into the world of merger-arbitrage and deal speculation. Each episode highlights the most controversial and compelling situations in this narrow financial sphere, and includes guests ranging from high-profile fund managers to some of Wall Street’s most intuitive analysts. Subscribe on your favorite podcast platforms, and follow on Twitter @accordtosources.

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“Merger arbitrage and deal speculation is inherently always a half-completed jigsaw puzzle. Sometimes you’re handed more pieces in the beginning, sometimes less, and the job involves finding the rest.”

— Michael Samuels

Michael Samuels,
Founder+Portfolio Manager

After spending 12 years trading U.S. equities for New York-based hedge funds First New York Securities and Apex Capital, Michael Samuels formed Broome Street Capital in 2016. A graduate of Syracuse University’s S.I. Newhouse School, Michael is a regular presence on Bloomberg News and hosts the acclaimed M&A-focused podcast According to Sources. He lives in and loves New York City.