Governors Lane LP disclosed in a filing on June 30, 2018 that it reduced its stake in ILG, Inc.

Sep 03, 2018
Institutional Holdings Changes
Background Information
Governors Lane's investment objective is to generate attractive risk-adjusted returns during all market cycles. Governors Lane intends to achieve this objective primarily by focusing on opportunities in both equities and credit in which an event or catalyst could significantly affect the valuation of a security, including those with significant legal complexity and uncertainty. The strategy will encompass both classic event-driven situations such as distressed debt, mergers, spinoffs, and restructurings as well as more fundamentally oriented situations in which dislocations or softer catalysts create an investment opportunity. Governors Lane has broad and flexible investment authority with respect to the Funds.Governors Lane provides investment advisory services to four private pooled investment vehicles: Governors Lane SIF LP, a Delaware limited partnership, Governors Lane Onshore Fund LP, a Delaware limited partnership, Governors Lane Offshore Fund Ltd., a Cayman Islands exempted limited company, and Governors Lane Master Fund LP, a Cayman Islands exempted limited partnership. The Feeder Funds invest substantially all of their investable capital in the Master Fund and conduct their investment and trading activities indirectly through their investment in the Master Fund.