Activist Investor Jesse Cohn Isn’t Bluffing Anymore


The next time Jesse Cohn makes a buyout offer for a technology company, it won’t be dismissed as a bluff.

Cohn, who runs U.S. activist investments at hedge fund Elliott Management, is infamous throughout technology board rooms for offering to acquire a company to force an auction — a tactic that has proved lucrative. Now, he’s starting an Elliott Management private-equity strategy that will give those offers an added heft, people with knowledge of the matter said.

Elliott Management, which oversees more than $25 billion in assets, is actively recruiting staff from other Silicon Valley firms for a multi-billion-dollar buyout effort that will be part of its existing funds, said two of the people, who asked not to be identified discussing private information. The private-equity tech team will be based in a new San Francisco office, with Cohn splitting more of his time between California and Elliott Management’s New York headquarters and continuing to run the activist strategy, one of the people said…

Activist Investor Jesse Cohn Isn’t Bluffing Anymore

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