Aggressive Aurelius’ Clients Don’t Complain

Litigation is a tough way to

Funds Sell Delphi, Price Moves

Auto parts maker Delphi Automotive became a distressed trade for certain hedge funds when it went bankrupt several years ago. It emerged streamlined from bankruptcy and in November had an initial public offering. Some of the large

Elliott Dominates Event-Driven Portfolios

Chidem Kurdas

Look at a big investor’s event-driven holdings and a name you’re likely to spot is Elliot Associates LP. Longevity and a reliable track record probably have something to do with it—Paul Singer, a lawyer, founded Elliot in 1977.