Elliott Management
Elliott Management is one of the oldest fund managers of its kind under continuous management. Founded in 1977, the firm is one of the world's most prominent active investors, renowned for its diversified investment strategies and trading programs including distressed securities, arbitrage activities and direct investments in companies. The firm manages assets for pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm. As of June 30, 2024, Elliott Management manages approximately $69.7 billion in assets.
ABOUT ELLIOTT MANAGEMENT
Elliott is a prominent global investment firm known for its active investment strategies and for taking an activist approach to managing the companies in which it invests.
The firm is focused on a wide range of asset classes including equities, fixed income, and distressed securities.
The firm has offices in major financial hubs around the world, including New York, London, Tokyo and Hong Kong.
CORE STRATEGIES
Elliott's primary focus is uncorrelated situations governed by process, complexity, negotiations, and factors unrelated to the forces impacting stocks and bonds generally.
Equity Oriented.
The firm seeks out positions in particular which are uncorrelated with other positions in the portfolio or with the risks and expected price movements of equities generally, or where value and protection against risk can be enhanced by the firm’s manual efforts.
Hedge / Arbitrage.
This strategy comprises event arbitrage, related securities arbitrage, convertible arbitrage, volatility arbitrage and fixed-income arbitrage.
Commodities Trading.
Elliott primarily trades crude oil and oil products, natural gas, power, precious and base metals, and agricultural commodities. Elliott trades actively in the U.S. and Europe.
Other Debt.
Other debt includes first-lien bank debt, unsecured corporate debt which the firm believes will be serviced without restructuring, and structured credit products.
Portfolio Volatility Protection.
Elliott utilizes a variety of instruments within this strategy including, without limitation: credit, equity, volatility, interest rates, gold, and currency instruments.
The firm seeks to take equity positions that result in gaining control of, or a substantial minority stake in, private companies or, on occasion, companies with a small public float.
Real Estate-Related Securities.
There are real-estate-related securities positions in several of Elliott’s books, including distressed securities, non-distressed debt, event arbitrage, and equity-oriented positions.