⁍ Paul Singer’s hedge fund Elliott Management Corp plans to move its headquarters to Florida from Midtown Manhattan, Bloomberg News reported.
⁍ Elliot is the latest financial executive, including billionaire hedge fund managers Paul Tudor Jones and David Tepper, who are decamping from the Northeast for Florida.
⁍ It is unclear how many of the firm’s hundreds of employees will choose to move south, but Elliott will continue to employ hundreds of people in its Manhattan offices.
– The hedge fund Elliott Management is moving its headquarters from New York City to Florida, sources tell Bloomberg. The firm, run by billionaire Paul Singer, is the latest to announce a move to the Sunshine State. Carl Icahn, Paul Tudor Jones, and David Tepper have all said they’ll be leaving the Northeast for Florida, where taxes are lower. Reuters notes that Elliott’s co-chief investment officer, Jon Pollock, owns a home near West Palm Beach.
Source: https://www.reuters.com/article/us-elliot-management-headquarters/paul-singers-elliott-management-moving-headquarters-to-florida-bloomberg-news-idUSKBN27639X