Mar
14
Paul Singer Is Reopening His Flagship Hedge Fund to New Capital
By-
Elliott’s multistrategy fund posted a return of 13% last year
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Investor sentiment toward industry category has been positive
Paul Singer
Photographer: Jacob Kepler/Bloomberg
Billionaire Paul Singer is reopening his hedge fund to additional cash to take advantage of upcoming investment opportunities, according to people familiar with the matter.
Investors will be able to start committing their money to the multistrategy hedge fund in the second quarter, said one of the people, who asked not to be identified because the information isn’t public. The capital may be put to work within two to three years…
Paul Singer Is Reopening His Flagship Hedge Fund to New Capital