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Who is Elliott? TFA is paywalled.
by enraged_camel 2y ago
Who is Elliott? TFA is paywalled.
- agentultra 2y agoA hedge fund based in Florida, USA.
- airstrike 2y agoHistorically based in New York, moved to Florida after the pandemic
- beardedwizard 2y agoActivist investor known for buying their way in, harassing leadership out, then selling to PE. See bluecoat and Citrix as examples.
- airstrike 2y agoProbably the most famous "activist investor" after Carl Icahn. They like to call out bad management teams, stealthily build up sizeable stakes in companies until they hit a threshold (5%) at which point they must disclose their position, then they demand a seat or two on the board of directors and start trying to stir up shit to change the company so that it improves its return to shareholders. They often succeed. Which is to say they have something of a contrarian view on a lot of things. It must be a cool gig, tbh. Beats being the CEO's yes-man which is the case for all sorts of advisor roles..