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...Nomura Asset Management, Vanguard and BlackRock are all major shareholders, and Elliott’s stake is at least 2.5 per cent, according to people familiar with the situation....
...Jonathan Pollock is the firm’s co-chief executive and co-chief investment officer, alongside Paul Singer....
...“If they are successful, that will send a strong signal both to Korean companies and to foreign investors that it is possible for them to co-operate.” Additional reporting by Andy Lin in Hong Kong...
...Elliott also on Monday sought in a Delaware court to push back Miller’s lawsuit, arguing the revised co-operation agreement resolved any need for immediate judicial intervention....
...Ted Miller, a shareholder who co-founded Crown Castle, filed his case seeking to nullify a “co-operation agreement” the company signed with Elliott in late 2023, which he claimed allowed the powerful hedge...
...Reenan will be global co-head of private capital and Bushner will serve as head of US private capital. They were both previously at Latham & Watkins....
...Ham will continue in his role as co-chief executive of Deutsche Numis in London. Paul Hastings has hired eight partners from law firm Vinson & Elkins to build out its global finance team in Texas....
...Yet late last month, an investment fund affiliated with the co-founder of Crown Castle, sued to block this Elliott/Crown Castle bargain....
...The firm’s goal is to finance most of the investment but it could opportunistically work with a co-investor for bigger transactions, people close to Elliott said....
...Currys’ largest shareholder has backed the board’s decision to reject a takeover bid from US investment group Elliott Management....
...“The club is providing full co-operation with the investigating authority,” the spokesperson said. New York-based RedBird acquired AC Milan from Elliott less than two years ago for €1.2bn....
...Former Merck & Co chief executive Kenneth Frazier and KKR co-chief executive Joseph Bae will join the Harvard Corporation. Goldman Sachs is shuffling its powerful management committee....
...The latest campaign from Elliott comes after it prevailed in a stand-off with NRG Energy this month....
...Signa and Elliott declined to comment. Elliott’s talks with Signa were first reported by German news outlet Der Spiegel....
...Miller, a co-founder of Crown Castle, said the “co-operation agreement” that Crown Castle signed with Elliott, which gave the fund a board seat, was a ploy by the incumbent directors of the telecoms group...
...The utility group said on Monday that Mauricio Gutierrez had left his role, while it had appointed four new directors as part of a “co-operation agreement” with Elliott, the aggressive hedge fund led by...
...In the 20th century, institutions such as the Paris Club or the IMF made up for this gap by co-ordinating creditors....
...And next: Elliott Management is setting up a new company to invest at least $1bn to buy mining assets globally, as it seeks to take advantage of the depressed valuation of companies operating in the sector...
...Lex looked at one cosy-looking deal struck between Elliott Management and US tower operator Crown Castle. Read the details here....
...One scoop to start: US hedge fund Elliott Management has been buying the bonds of troubled British utility company Thames Water, in a bet that markets have grown too pessimistic over the size of losses...
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Former Elliott portfolio manager Sebastien de La Riviere is set to join Alex Algard’s A5 Capital as chief investment officer....
...Salesforce, which a year ago faced an onslaught of activist investors, including Elliott Management, gave Morfit a board seat....
...Job moves Rothschild & Co has opened a new office in Riyadh as it courts business in Saudi Arabia. It will be run by Nasser Al Issa, who will be the country head....
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