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Hedge fund Altana surges on early Venezuela debt bets

hedgeweek

5 months ago

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London-based hedge fund Altana Wealth has kicked off 2026 with strong performance, with the Altana Credit Opportunities Fund posting estimated gains of 30% in the first trading days of the year on the back of bets on Venezuela’s debt, according to a report by Bloomberg.
The report cites unnamed people familiar with the matter as revealing that the gains have been driven by position in the country’s sovereign and PDVSA debt, which surged following the US capture of President Nicolás Maduro. The f...

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