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Hedge Fund Elliott: Inside the New $7bn Debt-Focused Fund

Elliott Investment Management, the hedge fund led by billionaire Paul Singer, is currently in discussions to raise as much as $7 billion from its clients.

Paul Singer, founder of Elliott Investment Management, seeks $7 billion for distressed trading opportunities. PHOTO: ALP/Bloomberg
Paul Singer, founder of Elliott Investment Management, seeks $7 billion for distressed trading opportunities. PHOTO: ALP/Bloomberg

The capital raise aims to take advantage of trading opportunities amidst a challenging market landscape characterized by higher interest rates.

Sources familiar with the matter revealed that the majority of the new money will flow

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