Elliott to Retire Evergreen Coast Name for Buyouts (Correct)

Elliott Investment Management, best known as an activist investor, is retiring its Evergreen Coast Capital Corp. brand for its private equity investments, according to people with knowledge of the matter.

The investment firm decided earlier this year to drop the name it has used since 2015, the people said, asking not to be identified discussing private information.

Elliott is doing away with the Evergreen name to avoid confusion while underscoring how private equity is integrated with the rest of the firm, they said. The capital for the private equity unit will still come from investment vehicles managed by Elliott ...