Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
Pirates of the ‘Gulf of America’
Due Diligence is written by Arash Massoudi, Ivan Levingston, Ortenca Aliaj, and Robert Smith in London, James Fontanella-Khan ...
Hedge fund Elliott commands attention in C-suites as relentless activist
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
Upstream2d
US activist investor now third largest shareholder in BP
Elliott Investment Management expected to use its influence to force supermajor to move away from low-profit renewables ...
Institutional Investor5d
The Holy Grail of Alts Managers: Turning an Illiquid Asset Into a Liquid One
Tie-ups between traditional managers and private equity firms enable both to quickly tap retail investors. But the big ...
Elliott Pushes Big Cost Cuts at BP to Preserve Its Independence
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a ...
devdiscourse4d
BoE Official Signals Reduced Inflation Threat Amidst Corporate Pricing Struggles
UK inflation concerns reducing as companies' pricing power wanes; Deutsche Bank fined for forex mis-selling in Spain; ITV ...
PLATINUM EQUITY COMPLETES ACQUISITION OF HÉROUX-DEVTEK
Platinum Equity announced today that the acquisition of Héroux-Devtek Inc. (TSX: HRX), a leading international manufacturer of aerospace products ...
Cryptopolitan on MSN5d
Elon Musk’s D.O.G.E ally Tom Krause exposed for inefficient cost-cutting at other job
Tom Krause, Elon Musk’s go-to man for cost-cutting magic at the Department of Government Efficiency (D.O.G.E), has been slammed for his disastrous track ...
Portfolio managers turned consultants and podcasters are demystifying what it's like to work at big-name hedge funds like Citadel or Point72
Multistrategy hedge funds are bigger than ever. Some who have worked for the biggest brands are now advising others on how to ...