Paul Singer Significantly Ups His Stake In Fondul Proprietatea
Paul Singer is the largest investor in Fondul Proprietatea, the largest closed-end fund in the world. During the last quarter, Elliot Associates increased its position in Fondul by 25%, bringing it from 15.2% to 19.7%. The fund just reported its highest profit ever at 48%, compared to 2013.
Also see Elliott Up In November, With Some Help From Kabel Deutschland
Introduction to Fondul Proprietatea
The fund was created by the Romanian state to reimburse . . .
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