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Hedge fund Elliott Advisors just made some unusual hires

The path into a hedge fund job isn’t always obvious and in the case of activist firm Elliott Advisors, its latest hires are far from the typical buy-side hire.

The hedge fund has just brought in Sheldon Sussman, a veteran banker who has worked for Lehman Brothers, Deutsche Bank and was head of global financial markets at Rabobank in London for over ten years. More recently, Sussman has been working at Raymond James, as their head of fixed income capital markets, before switching to a management advisor role at investment management firm TowerBrook Capital Partners.

Sussman joined Elliott’s UK operation in June as an investor, according to filings on the Financial Conduct Authority register.

He’s not the only recent addition to come from a less than typical background for a hedge fund. Richard Monahan, who spent the last seven years working for Deloitte where he was a director in its corporate finance division, has also just joined.

Monahan, who advised private equity, and other financial services organisations on M&A and debt capital markets transactions at Deloitte, will be making investments into the financial services industry in his new role.

Elliott Advisors, the British operation of the New York activist hedge fund Elliott Management, now has 54 employees in its Mayfair office in London – up from 50 since the beginning of this year.


Image: Getty Images

AUTHORPaul Clarke

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