Elliott completes Aeolus acquisition

Hedge fund manager Elliott Management has completed its acquisition
of amajority stake in insurance-linked securities manager Aeolus,
sister publication Trading Risk reported.
The two hedge funds managed by Elliott that have invested in
Aeolus are Elliott Associates and Elliott International. The two
vehicles have a combined $30bn of assets under management.
Allied World took a 20 percent stake in Aeolus four years ago
and had allocated approximately $200mn to the manager's funds
in 2016.
Aeolus