Hedge fund led by ‘World’s Most Feared Investor’ buys stake in South Florida company

Elliott Management, a $34 billion hedge fund, has acquired a 7 percent stake in Mednax and intends to engage company leaders regarding “strategic options.” In August, Bloomberg published an article called "Elliott Management head Paul Singer the 'World Most Feared Investor.'” The article said Singer’s activist investor strategy led to the ouster of Arconic Inc.’s CEO and a battle with fellow billionaire Warren Buffett ov er the takeover of Oncor Electric. He was also in the headlines for…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news