Exclusive: Elliott partner Jason Genrich has left hedge fund, sources say
Key Points
- Genrich led Elliott's technology, media and telecommunications investments including the HPE campaign in early 2025 and the Citrix private equity buyout with Vista Equity Partners in 2022
- Elliott has been particularly active in 2024-2025 with new campaigns at Lululemon (seeking CEO change) and PepsiCo (reaching settlement for cost cuts in December)
- Genrich currently serves on Crown Castle's board where he led a multi-year activist campaign and will continue as Elliott consultant through mid-2026
AI Summary
Elliott Investment Management partner Jason Genrich, who led the firm's technology sector investments, has departed the hedge fund, according to sources familiar with the matter. The 38-year-old senior portfolio manager will continue as a consultant until mid-2026.
Genrich, who joined Elliott in 2014, spearheaded significant technology, media, and telecommunications investments during his tenure. His notable campaigns included leading Elliott's investment in Hewlett Packard Enterprise in early 2025 and orchestrating a multi-year activist campaign at Crown Castle, where he currently serves on the board. He was also instrumental in taking enterprise software company Citrix Systems private in 2022 alongside Vista Equity Partners.
Elliott, one of the world's most prominent activist investors, has remained highly active in 2025. The firm launched campaigns at Lululemon, seeking to install a new CEO at the athleisure company, and at PepsiCo, where it secured a December settlement involving cost reductions and operational changes.
Genrich's departure represents a significant loss of technology sector expertise for Elliott, given his decade-long track record and leadership role in multiple high-profile campaigns. The timing and reasons for his exit were not disclosed, and neither Elliott nor Genrich provided comment on the departure.
This executive change comes as activist investing continues to intensify across sectors, with technology companies remaining prime targets for operational improvements and strategic changes. Genrich's next move remains unknown, though his extensive experience in technology investing and board-level activism positions him as a valuable asset in the investment community.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| GPT-5-mini | Neutral | 80% |
| Claude Sonnet 4.5 | Neutral | 75% |
| Gemini 2.5 Pro | Neutral | 85% |
| Consensus | Neutral | 80% |