Ex-Congressman To Lobby For Elliott In Argentina Dispute

Mar 19 2014 | 9:20am ET

Elliott Management has turned to a former congressman whose failed Senate campaign was backed lavishly by firm employees to press their case on Argentina’s defaulted debt.

The Elliott-backed American Task Force Argentina has hired former Rep. Connie Mack (R-Fla.) to represent it. The group is Mack’s first lobbying client.

The Task Force seeks to force Argentina to pay holders of its defaulted debt, mainly hedge funds—and notably Elliott. Mack championed Elliott’s case during his time in Congress, which ended in 2012 when he sought election to the U.S. Senate, losing to Sen. Bill Nelson (D-Fla.).

Elliott employees and firm founder Paul Singer—a frequent contributor to Republicans—gave heavily to Mack’s Senate campaign.

Former congressmen are barred from lobbying for one year after leaving office. According to a filing, Mack began to work for the Task Force on Jan. 28.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...