NEW YORK, Nov 11 (Reuters) - Elliott Investment

Management named its first female partner and promoted two

partners to its management committee, a person familiar with the

matter said on Monday.

Samantha Algaze, a senior portfolio manager at the firm, was

promoted to partner, becoming the firm's first ever female

partner, the person said. She works on Elliott's credit

investment team and joined the firm in 2013. She was involved in

the Caesars Entertainment Inc. trades and trades related to a

former McAfee cybersecurity unit, known as Magenta Buyer.

Elliott also promoted two partners, John Pike and Pat

Frayne, to its management committee.

Pike has worked on Elliott's activism campaigns including

most recently the firm's fight at Southwest Airlines ( LUV ),

while Frayne works on structured credit investments and interest

rate and currency trading.

Elliott's management committee will now have 12 members,

including Pike and Frayne. In total the firm has 15 partners

including all management committee members as well as Marc

Steinberg, Jason Genrich and Samantha Algaze.

Nabeel Bhanji, who became a partner last year, is leaving

Elliott to work at hedge fund Citadel.

Bloomberg first reported the personnel moves.

The firm, which now oversees roughly $70 billion in assets,

was founded in 1977 by Paul Singer and is one of the world's

most prominent activist investors.