OrganisationUS
Elliott Management
A US activist hedge fund and Thames Water senior creditor.
Last refreshed: 27 July 2026 · Appears in 1 active topic
Key Question
Why is a US activist hedge fund backing the rescue of Britain's biggest water company?
Timeline for Elliott Management
#1 20 Jul
Backed the London & Valley Water consortium's proposal
Is Britain Actually Broke?: £6.6bn bid to keep Thames Water privateBackground
Elliott Management is a US activist hedge fund known for taking large positions in distressed and contested companies. It is one of the senior creditors of Thames Water and backs the London & Valley Water consortium's rescue proposal, put forward on 21 July 2026, for £3.35bn of new equity and £3.25bn of fresh debt. The proposal still needs Ofwat approval, a public consultation and High Court sign-off.
Common Questions
What is Elliott Management's role in Thames Water?
It is one of the senior creditors backing the London & Valley Water consortium's £3.35bn/£3.25bn rescue proposal for Thames Water.Source: Lowdown reporting
What kind of company is Elliott Management?
A US activist hedge fund that takes large positions in distressed or contested companies.
What is Elliott Management known for?
It is a US activist hedge fund known for taking large, often adversarial positions in distressed or contested companies to influence outcomes.Source: background
Who founded Elliott Management?
Paul Singer founded Elliott Management in 1977; it has grown into one of the world's largest activist hedge funds.Source: public record