October 17, 2017

How to Beat Argentina in a Staring Contest

Thierry Henry, who had a famous handball in 2009

Hedge funds have just given us a primer on how to beat Argentina in a staring contest. Today the U.S. Supreme Court ordered Argentina to pay holdout debt holders from its 2001 default, including Elliott Management, among others. Ken Parks, Nicole Hong, Brent Kendall and Matt Wirz explain the repercussions in the Wall Street Journal. […]

Argentina Gets Their Own Man of Steel in Hedge Fund

Man of Steel

The only thing Argentina does better than default on its debt payments is find a representative to save them. Argentina gets their own Man of Steel in hedge fund, reports The New York Times‘s Gretchen Mogenson. Gramercy Funds Management is not exactly a household name in the investing world. But in recent weeks it has […]

Are Hedge Funds Good Guys or Bad Guys?

Are hedge fund managers good guys or bad guys?

Who says you can’t change world events? Tell that to Paul Singer, a “soft-spoken” hedge fund manager in New York. Singer’s Elliott Management is among some investor hold-outs in Argentina’s debt restructuring. Although recent news has centered around Greek debt and the hedge funds involved in the hold-out there, there is a much older battle […]