Elliott Investment Management
American hedge fund / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Elliott Investment Management?
Summarize this article for a 10 year old
Elliott Investment Management L.P. is an American investment management firm. It is also one of the largest activist funds in the world.[4]
Company type | Private |
---|---|
Industry | Investment management |
Founded | 1977; 47 years ago (1977) in New York City |
Founder | Paul Singer |
Headquarters | West Palm Beach, Florida, U.S. |
Key people |
|
Services | |
Revenue | US$115 million (2020) |
AUM | US$71 billion (2022) |
Owner | Elliott Capital Advisors, L.P. |
Number of employees | 482 (2022) |
Subsidiaries | Evergreen Coast Capital Corp., Waterstones, Elliott Advisors, NML Capital, Premier Asset Management |
Website | elliottmgmt |
Footnotes / references [1][2][3] |
It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion.[5][6]
By 2009 "more than one-third of Elliott’s portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies."[7][8][9][10][11]
In October 2020 Singer announced that his firm was relocating its headquarters to West Palm Beach, Florida.[12]