The Fed Can’t Stop Another Crash; Beware Of CLOs

Founded by Paul Singer in 1977, Elliott Investment Management is one of the largest activist funds globally. Often associated with Paul Singer Elliott Management, the firm boasts a long track record, although some critics compare its strategies to those of vulture funds.

Hedge Fund Alpha reviewed a copy of their latest Q1 2024 investor letter, nearly 30 pages of high detail. Besides commentary on recent Elliott Management performance and specific Elliott Management returns, the letter provides overall thoughts on the Elliott Management portfolio and addresses broader topics relevant beyond finance.

They glanced at the current situation in the world, with a focus on Iran, the War in Ukraine, and the Conflict...