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Billionaire Paul Singer to relocate massive NYC hedge fund to Florida: Report
Singer is reportedly relocating Elliott Management to West Palm Beach
By Brittany De Lea FOXBusiness
Billionaire activist investor Paul Singer is reportedly the latest Wall Street bigwig looking to relocate his hedge fund from New York City for Florida.
Singer is taking his $41 billion firm, Elliott Management, to West Palm Beach, according to a report from Bloomberg, which cited people familiar with the matter.
While planting a new headquarters in West Palm Beach, Singer will also keep space in Midtown Manhattan and open offices in Greenwich so that all of his employees are not required to relocate, the publication said.