Deals
Elliott Targets Tech Buyouts With Evergreen Private Equity Arm
- Paul Singer’s $28 billion hedge fund adds private equity unit
- Jesse Cohn overseeing PE as well as activist investing
This article is for subscribers only.
Sometimes-activist hedge fund Elliott Management is a familiar name in 13D filings. As of Monday, its new private equity arm began making a name for itself in technology buyouts.
Jesse Cohn, who runs Elliott’s U.S. activist investments, this week debuted the private equity affiliate of Paul Elliott Singer’s $28 billion investing empire -- Evergreen Coast Capital Corp. -- by agreeing to acquire Dell Inc.’s software unit in partnership with Francisco Partners Management.