{"id":60255,"date":"2017-10-05T09:38:31","date_gmt":"2017-10-05T13:38:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=60255"},"modified":"2017-10-05T09:38:31","modified_gmt":"2017-10-05T13:38:31","slug":"hedge-fund-baupost-owns-911m-in-puerto-rico-debt","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2017\/hedge-fund-baupost-owns-911m-in-puerto-rico-debt.html","title":{"rendered":"Hedge Fund Baupost Owns $911m in Puerto Rico Debt"},"content":{"rendered":"<p>\n(Reuters) Baupost Group, one of the world\u2019s biggest hedge funds, owns nearly $1 billion in Puerto Rican sales tax debt, a spokeswoman confirmed on Wednesday as the island\u2019s debt tumbled in the wake of suggestions from President Donald Trump that it may be erased.   Baupost, which invests $30 billion for endowments and other wealthy investors, owns roughly $911 million in Puerto Rico\u2019s so-called COFINA bonds, which are backed by a chunk of the island\u2019s sales-tax receipts, spokeswoman Diana DeSocio said.<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/article\/us-puertorico-bonds-baupost\/hedge-fund-baupost-owns-911-million-in-puerto-rico-debt-idUSKBN1C92JY\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Baupost Group, one of the world\u2019s biggest hedge funds, owns nearly $1 billion in Puerto Rican sales tax debt, a spokeswoman confirmed on Wednesday as the island\u2019s debt tumbled in the wake of suggestions from President Donald Trump that [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60255","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60255","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=60255"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60255\/revisions"}],"predecessor-version":[{"id":60256,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/60255\/revisions\/60256"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=60255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=60255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=60255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}