How $70 billion Elliott has evolved to be a more 'rigid' hedge-fund behemoth, spawning a class of spinoffs
Briefly

Cisu Capital Partners, founded by Mark Wills, exemplifies the trend of ex-Elliott Management employees establishing their own funds as they seek autonomy in an increasingly bureaucratic environment.
The departure of at least nine Elliott alums underscores a significant shift; these individuals have launched new funds or assumed leadership roles elsewhere, highlighting a growing desire for independence.
Elliott Management's increased bureaucracy has been cited as a catalyst for the exit of senior talent, driving former employees to explore ventures that offer more flexibility and creative freedom.
The changing landscape of hedge funds reflects an institutionalization trend akin to private equity, influencing not only firm structures but also the career trajectories of seasoned professionals in the industry.
Read at Business Insider
[
|
]