Tag Archives: Hedge

Hedge Fund Seeks Spinoff of BHP Billiton’s U.S. Oil Business

Paul E. Singer, founder of the hedge fund Elliott Management, in 2012. CreditSteve Marcus/Reuters With an ever-growing war chest — now some $33 billion — the hedge fund Elliott Management has chosen to take on bigger and more complex targets for its brand of shareholder activism. Now, Elliott has set its sights on reshaping the mining colossus BHP Billiton, proposing ... Read More »