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Elliott Tweaks Fundraising Plans

Paul Singer’s multistrategy investment firm is stockpiling dry powder for the next patch of market turmoil.

Paul Singer’s Elliott Associates is saving up for the next rainy day. The New York multistrategy hedge fund firm, which has $22 billion under management in its two main funds, Elliott Associates and Elliott International, told investors in its July 26 quarterly letter that it is tinkering with its fund

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