{"id":41515,"date":"2014-04-10T07:52:29","date_gmt":"2014-04-10T11:52:29","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=41515"},"modified":"2014-04-10T07:52:29","modified_gmt":"2014-04-10T11:52:29","slug":"big-hedge-funds-roll-dice-on-puerto-rico-debt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2014\/big-hedge-funds-roll-dice-on-puerto-rico-debt.html","title":{"rendered":"Big Hedge Funds Roll Dice on Puerto Rico Debt"},"content":{"rendered":"<p>WSJ &#8211; Several large hedge funds doubled down on Puerto Rico in last month&#8217;s giant bond sale despite the U.S. territory&#8217;s financial struggles, according to confidential documents reviewed by The Wall Street Journal.<\/p>\n<p>Och-Ziff Capital Management\u00a0LLC, Fir Tree Partners, Perry Capital LLC and Brigade Capital Management each bought more than $100 million of the bonds, according to a list of buyers of the $3.5 billion deal. The list doesn&#8217;t show whether the firms continue to hold the bonds, which carried junk credit ratings, or whether they sold some or all of their purchases afterward.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702303873604579491992862363698?mg=reno64-wsj&amp;url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303873604579491992862363698.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Several large hedge funds doubled down on Puerto Rico in last month&#8217;s giant bond sale despite the U.S. territory&#8217;s financial struggles, according to confidential documents reviewed by The Wall Street Journal. Och-Ziff Capital Management\u00a0LLC, Fir Tree Partners, Perry [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-41515","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=41515"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41515\/revisions"}],"predecessor-version":[{"id":41516,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/41515\/revisions\/41516"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=41515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=41515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=41515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}