Maglan Joins Other Hedge Funds in Rush to Argentinian AssetsMark Melin
Distressed/special situation hedge fund, Maglan Capital, up 4.59 percent in August and holding on to a 16.23 percent gain year to date, has recently increased its stake in both an energy company and entertainment firm, according to a letter to investors reviewed by ValueWalk.
In July, Maglan's hedge fund managers David Tawil and Steven Azarbad used a drawdown in Madalena Energy Inc (CVE:MVN) (OTCMKTS:MDLNF) and . . .
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