The Big Take
Billionaire Paul Singer’s Succession Plan Is Under a Spotlight
The hedge fund’s increasing heft is making it harder to pitch smaller deals. That raises questions about the role of its London office — and the contest to ultimately succeed Paul Singer.
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At Elliott Investment Management’s yearly shindig in London this month, Gordon Singer’s speech went big on the beauty of teamwork. Amid the National Gallery’s historic artwork, the football-mad son of the firm’s billionaire founder praised the virtues of people playing together.
His own team, however, has suffered an exodus of talent lately.