ANALYSIS: No Time to Aye for Bond-Targeting Activist Firm in Q3

It is not surprising to see Paul Singer‘s firm, Elliott Investment Management LP, near the top of a list of activist investors with the most campaigns in a quarter. It is surprising, however, to see Ocean Capital LLC leading the way with the most campaigns for the third quarter of 2021, based on data from the Bloomberg Terminal.

During the third quarter, Elliott Investment Management engaged in several high-profile campaigns. In a letter to Duke Energy Corp. shareholders, Elliott claimed that it was “skeptical that the same structure and leadership team that have presided over a long ...