D.E. Shaw’s Top Shareholder Activist Koffey Leaves Hedge Fund

(Reuters) Hedge fund manager Quentin Koffey, who joined D.E. Shaw & Co two years ago from Elliott Management Corp to lead its shareholder activism strategy, has left to join Senator Investment Group LP, the firms told Reuters on Thursday. The move is a setback for D.E. Shaw, which is seeking to emulate Elliott as a generalist hedge fund with strong activist leanings, advocating for major changes at companies, such as putting themselves up for sale.

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