Hints and tips:
Related Special Reports
...The expansion by Citadel, among the world’s biggest hedge funds by assets under management, comes as others investors including the activist fund Elliott have been growing their Japan-focused teams....
...That move came as activist investor Elliott Management took a multibillion-dollar stake in the company, saying it intended to work “constructively with Salesforce to realise the value befitting a company...
...Elliott’s foray into buyouts had its share of misfires, among some notable wins. But the Jana/Cannae partnership lets each side stick to their own area....
...That included loans associated with some marquee buyouts including Elliott Management’s takeover of technology business Citrix, Elon Musk’s purchase of social media company Twitter and Apollo’s acquisition...
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...James Bayliss, the head trader at Elliott Management in London, has left the firm, the latest departure of a long-serving member from the $59bn US hedge fund’s main European office....
...Elliott’s fight ended in a $2.4bn settlement in 2016, but Argentina is in even worse shape now, ahead of elections in October....
...— In 2022, Fintech Holdings Ltd. acquired a troubled Puerto Rico bank, renaming it Hamilton International Reserve Bank LLC (“HIRB”)....
...ValueAct also holds a stake in Salesforce, which drew a flurry of activists, including Elliott Management and Starboard Capital, who sought stronger financial discipline from its founder Marc Benioff....
...Tokyo embraces a new activist regime Elliott Management can now claim one of the biggest victories in Japan’s chequered and setback-strewn history of shareholder activism....
...Banks underwriting $3.7bn of loans and bonds to fund the buyout of healthcare company Syneos Health by Elliott Management, Veritas Capital and Patient Square Capital, also received strong demand....
...Blue Owl, Ares, Oak Hill, HPS Investment Partners, Oaktree and Elliott Management were among the investors that agreed to lend the $4.8bn this week....
...Goldman Sachs, Bank of America, Credit Suisse, Elliott and Vista declined to comment....
...Elliott Management’s head of investment stewardship Christine O’Brien is leaving the firm, Reuters reports. Barclays has lost three senior investment bankers to Jefferies Group, per Bloomberg....
..., Kelso has argued that THG’s nutrition business, which includes the Myprotein brand, could alone be worth more than the company’s entire market capitalisation.Sparta Capital, founded in 2021 by former Elliott...
...outgoing chair Richard Sharp breached code of practice (FT) PacWest tumbles after reporting 9.5% drop in deposits last week (FT) Saudi Aramco to postpone mega IPO of energy trading unit (Bloomberg) Elliott...
...Elliott was magnanimous when announcing its arrival. “Salesforce is one of the pre-eminent software companies in the world . . ....
...At the end of 2020 Lone Pine had climbed to third on the all-time list, leapfrogging the likes of DE Shaw, Millennium, Elliott and Baupost along the way, and pushing Citadel down to fourth....
...More than a dozen banks were forced to put up their own cash to fund Vista Equity Partners and Elliott Management’s takeover of Citrix after investors balked at financing the debt package....
...The takeover attempts come as the Aberdeen-based company faces pressure from an activist shareholder to boost its share price.Sparta Capital, founded in 2021 by former Elliott Management portfolio manager...
...Sparta Capital, founded in 2021 by former Elliott Management portfolio manager Franck Tuil, has called on Wood Group to buy back its stock to lift its valuation....
...However, the LME still faces lawsuits from hedge fund Elliott Management and market maker Jane Street, which are together claiming damages totalling almost $500mn....
...If the current bear market turns out to be anywhere near as bad as Elliott Management or Saba Capital’s Boaz Weinstein have recently predicted, then short selling could be entering a new golden age....
...Banks in September were only able to sell a fraction of the debt tied to Elliott Management and Vista Equity Partners’s $16.5bn leveraged buyout of software maker Citrix, and ended up holding $6.45bn of...
...Curtius joined Tiger in 2017 from hedge fund Elliott Management and reported to Shleifer, who runs the firm’s venture business....
International Edition