Paul Singer (businessman)

Paul Elliott Singer (born 22 August 1944) is an American hedge fund manager, activist investor, and the founder, president and co-CEO of Elliott Management. As of June 2023 his net worth is estimated at US$5.5 billion.

Paul Singer
Singer in 2013
Born
Paul Elliott Singer

(1944-08-22) August 22, 1944
EducationUniversity of Rochester (BS)
Harvard University (JD)
Known forFounder, president, co-CEO, and co-CIO of Elliott Management
Political partyRepublican
SpouseDivorced
Children2 sons

Fortune magazine described Singer as one of the "smartest and toughest money managers" in the hedge fund industry. A number of sources have branded him a vulture capitalist, largely on account of his role at Elliott Management, which is a vulture fund. The Independent has described him as "a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts".

Singer's Elliott Management has focused on activist campaigns, in which they take an equity stake in a company and agitate using influence and voting rights to encourage change, and they have also expanded into private equity.

Singer's political activities include financial support for LGBTQ rights. He has provided funding to the Manhattan Institute for Policy Research, is a strong opponent of raising taxes for the wealthiest 1 percent of taxpayers, such as himself, and opposes aspects of the Dodd-Frank Act.

Singer is active in Republican Party politics, and he and others affiliated with Elliott Management are collectively "the top source of contributions" to the National Republican Senatorial Committee.

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