NYP – Hedge fund mogul Paul Singer started off 2015 with a rare miss — the first quarter in almost three years that one of his hedge funds has been down and one of only 12 in his stellar 38-year run.
Singer’s Elliott International hedge fund fell half a percentage point in the first three months. While Singer has made headlines for his decadelong battle with Argentina over defaulted debt, investors in his $25 billion firm, Elliott Management, know him best for stable returns. And the loss, however small, undercuts one of his chief selling points.
