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Elliott exec appointed to Honeywell board ahead of breakup

Honeywell International has appointed Marc Steinberg, a partner at Elliott Investment Management, to its board of directors, marking a significant milestone in one of the hedge fund’s largest-ever activist investments, according to a report by the Wall Street Journal.

Bridgewater’s Dalio declines Danantara role

Bridgewater Associates founder Ray Dalio has quietly stepped back from a previously announced advisory role with Indonesia’s nascent sovereign wealth fund Danantara, in a development that may cool early enthusiasm from global hedge funds and other allocators, according top a

Point72 taps Schonfeld HR boss as Chief Human Resources Officer

Point72 has hired Jennifer Cohen, Head of Human Capital at royal hedge fund firm Schonfeld Strategic Advisors, as its new Chief Human Resources Officer, highlighting how the talent war between elite multi-manager funds is expanding beyond PMs and analysts, according

Hestia Capital’s founder named CEO of Pitney Bowes

Kurt Wolf, founder and Chief Investment Officer of Hestia Capital Management, has been appointed Chief Executive Officer of Pitney Bowes, marking a significant development nearly two years after the activist fund secured board representation at the logistics and mailing services

Millennium energy PM exits

Millennium Management’s Senior Energy Portfolio Manager, Brian O’Hara, has left the multi-strategy hedge fund after nearly three years, according to a report by Bloomberg citing unnamed people familiar with the matter.

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