Hedge Fund and Insider Trading News: Elliott Management, Appian Capital, Citadel LLC, East Point Asset Management, Aileron Therapeutics Inc (ALRN), Equinox Gold (EQX), and More
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Elliott Management Corp. returned 12.7% on its investments in 2020, turning in one of its strongest years in the past decade, according to an investor letter reviewed by Bloomberg. The New York-based hedge fund reported the same returns for both its international and onshore funds, marking their best year since 2012 and 2016, respectively, according to a person familiar with the matter who asked to not be identified because the matter isn’t public.
Appian Capital Advisory has raised $775 million for its second fund focused on the mining sector, as the private-equity manager looks to capitalize on rising demand for metals used in electric vehicles and clean-energy projects. The London-based mining investment firm closed Appian Natural Resources Fund II LP this month at the fund’s hard