Kellner, Dileo & Co

Kellner DiLeo & Co. (KDC) was founded by George Kellner in 1981 originally as a merger arbitrage partnership. Upon registration as a broker-dealer in 1983, KDC entered the securities lending space to serve as an adjunct to the merger arbitrage strategy in order to create tax efficiencies for its limited partners. In 2002, KDC expanded its investment offering to include a distressed & high income portfolio. In 2009, KDC management launched a matched book securities lending partnership to take advantage of the business' unique return profile. KDC's portfolio managers have over 60 years of combined investment experience in their respective disciplines.