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BBT Capital Management is an investment management firm and hedge fund based in Fort Worth, Texas. Founded in 1998 by James T. Gribbell, the firm specializes in event-driven and merger arbitrage investment strategies. While it is a financial services entity, BBT Capital Management is highly active in the life sciences and healthcare sectors, frequently taking significant positions in biotechnology companies undergoing mergers, acquisitions, or major clinical milestones. The firm is registered with the SEC as an investment adviser and is known for its sophisticated analysis of regulatory and clinical catalysts within the pharmaceutical industry.
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