NEW YORK, April 3 (Reuters) - Elliott Investment

Management's managing partner Jesse Cohn said on Wednesday he

believes e-commerce platform Etsy ( ETSY ) will generate

"significant, multi-year upside."

Elliott, one of the world's most prominent investors, has a

13% economic stake in Etsy ( ETSY ), including both common shares and

swaps, a person familiar with the matter told Reuters in

February.

At the Sohn Conference in New York on Wednesday, Cohn said

Elliott's stake was over 10%. He said he sees room for "product

engagement and monetization opportunities," comparing Etsy ( ETSY ) to

Pinterest ( PINS ), another company to which Elliott appointed a

board member in 2022.

Cohn said Etsy ( ETSY ) has potential to add more buyers and increase

the amount of money they spend on the platform, for instance.

In February, Etsy ( ETSY ) appointed Elliott's portfolio manager Marc

Steinberg to its board.