Paul Singer
Paul Singer (dob: August 22, 1944) is the founder and president of Elliott Management Corporation, a New York-based hedge fund which is currently worth more than $23 billion.[1] As of 23 June 2015 his net worth was estimated at $1.92 Billion.[2] He is also the founder of the Paul E. Singer Foundation a 501(c)(3) non-profit grant making foundation which supports a number of conservative and pro-Israel causes. Singer graduated from Harvard Law School in 1969 and went on to found Elliott Management in 1977.[2] He is a major supporter of the Republican party.
Investments in Distressed Debt
Singer has invested in distressed sovereign debt and has bet against countries such as Peru, the Congo and Argentina following financial crises. He has succeeded in suing countries in order to get financial returns on his investments. Argentine President Cristina Fernandez de Kirchner has described Singer as a 'vulture'.[2]
Notes
- ↑ Paul E. Singer Foundation Website Paul Singer. Accessed 22 May 2015.
- ↑ 2.0 2.1 2.2 forbes.com #1006 Paul Singer. Accessed 23 May 2015.
