Hedge Funds
Elliott Management, one of the biggest and busiest shareholder activists, is making a new push into outright takeovers of companies. The hedge fund has asked investors for $2bn to take companies private, according to people familiar with the matter. While Elliott has bought companies in the past, the effort marks the first time the firm has asked clients to contribute to deals outside of its flagship hedge fund and would allow it to take on bigger companies, the people said.

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