A booming market to inject fresh money into hard-to-sell energy assets owned by private equity firms is drawing interest from hedge funds and other investors, leading to big wins and steep losses. www.bloomberg.com/news/article...
bloomberg.com
Baupost, Elliott Bet Big on Private Equity’s Aging Energy Assets
A booming market to inject fresh money into hard-to-sell energy assets owned by private equity firms is drawing interest from hedge funds and other investors, leading to big wins and steep losses.