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Hedge Funds Hunt for Venezuela’s Unpaid Financial Claims
Summary by BizToc
3 Articles
3 Articles
Hedge funds hunt Venezuela’s unpaid financial claims
Hedge funds, including Carronade Capital Management and Canaima Capital, are actively seeking investment opportunities in Venezuela’s unpaid financial claims, following the US capture of President Nicolás Maduro and the potential for a debt restructuring, according to a report by then Financial Times. Specialist funds are targeting rarely traded instruments tied to Venezuela and its state oil company PDVSA, which could yield significant returns …
The hedge fund are looking for ways to invest in financial debts worth billions of dollars linked to Venezuela and benefit from Donald's attempt...
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