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Elliott Management Hedge Fund Plans to Close Hong Kong Office

  • Activist investor plans to move staff to London and Tokyo
  • Firm stopped trading activities in Hong Kong on Jan. 1
Hong Kong night skyline
Photographer: Justin Chin/Bloomberg
Updated on

Activist investor Elliott Management Corp. plans to close its office in Hong Kong, and move its remaining staff there to offices in London and Tokyo, according to a person familiar with the matter.

The New York-based hedge fund, run by billionaire Paul Singer, has been winding down its Hong Kong operations in recent years, and had fewer than 20 employees there when it stopped trading and investment activities on Jan. 1, the person said, asking not to be identified because the matter isn’t public.