HIDDEN GEM IN PAUL SINGER PORTFOLIO by Fit Investment Ideas
Summary:
- Investment sites that follow Paul Singer´s portfolio usually only US listed securities. One of his largest positions, therefore remains largely unnoticed.
- Elliot Associates owns a 15.2% stake in Romanian restitution fund Fondul Proprietatea. The market value of the position is approximately 550 mil USD.
- In fact, Fondul is the third largest (after HES and put on IWX) equity stake in Elliot Associates´ portfolio.
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