Fondul Proprietatea

Paul Singer Ups His Stake In Fondul Proprietatea To 20%

Paul Singer Increases His Stake In Fondul Proprietatea by Fit Investment Ideas
Paul Singer today reported that Elliot Associates increased its stake in US$3.1 Billion Romanian investment fund Fondul Proprietatea, the largest closed-end fund in the world, to 20.01%. Elliot is the largest shareholder of the fund, and the position represents one of the largest positions in its portfolio. The fund currently trades at a 25% discount to the . . .

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