Skip to main content

Paul Singer's Son Might Soon Learn What It Feels Like To Be Argentina

Let us know if you need somewhere to lay low for awhile, Gordon.
  • Author:
  • Updated:

At times, Paul Singer can be a complicated man. But when it comes to enacting vengeance on those who seek to thwart his strategies, he's downright monomaniacal. Just ask Argentina. Neither man nor sovereign country can stop a Singer on the warpath.


But what if that man/country is a Singer himself? According to documents shared with the Financial Times, Paul Singer's own flesh and blood – his son and subordinate Gordon Singer – evidently fumbled the ball in the tense fourth quarter of Elliott Advisors' ongoing campaign to push paint giant Akzo Nobel into a hostile takeover with rival PPG. His alleged error: inadvertently copying Akzo's investor relations head on a strategic email.

“wiktor [sic] — you should call ppg and let them know that we have sent the EGM [emergency general meeting] request and that now may be an opportune time for ppg to reach out and try to engage,” Mr Singer said in an email sent on April 11.

His colleague, Wiktor Sliwinsky, later responded: “Agreed with all the points below, already talked to compliance so they can join me on the call to PPG (so there is no issue with getting cleansed to trade in the near future).”

Making matters worse, Akzo is arguing that the email shows Elliott colluding with Akzo adversary PPG by sharing non-public information. Akzo said Elliott “intended to privately share potentially price-sensitive information with PPG about its decision to request an EGM,” or emergency general meeting, which Elliott wants to hold regarding its plan to oust of Akzo's chairman Anthony Burgmans.

Now, we don't know Singer's approach to parenting. Perhaps he saves his famed swashbuckling ruthlessness for the rough seas of global finance. Maybe behind those steely, impassive eyes is a gentle and forgiving father. If not, however – well, we're praying for you, Gordon.

Akzo Nobel accuses Elliott of improper conduct in €22bn battle [FT]



Paul Singer Ready To Treat Berkshire Hathaway Like Argentina

This thing’s only been going on for three years. Elliott Management has not even begun to fight.


Paul Singer’s Still Got It

The hedge fund game's most talented Shade Queen is in fine form.


Paul Singer Mends Ties With Donald Trump, Embraces Imminent “Global Depression”

Tax cuts and hedgie cabinet appointments apparently the way to Singer's heart.

Getty Images

Paul Singer’s New Mantra: Be Like Argentina

Just be reasonable and put a price on your head.

Paul Singer Feeling Philosophical About Argentina

"Maybe this is the year that our Argentina situation gets resolved, and maybe it is not."


Paul Singer Wasting No Time Turning Fresh $5B Into Someone Else’s Pain

Would Gigamon's management like to explain their company's recent troubles, or just quit before Paul Singer fires them?


Paul Singer Hiring For New Doomsday Bunker Office

When the global financial superpocalypse comes, Elliott Management will be ready. Won't you join them?