Hedge-Fund Veterans Do Rare SRT Deal in Emerging-Market Risk

By Yahoo! Finance | Oct 23, 2024 at 11:42 AM EST

Hedge-fund veterans led by Newmarket Capital are buying risk from a loan portfolio of the Inter-American Development Bank Group to free up $500 million for loans in Latin America and the Caribbean. This innovative model could help multilateral lenders increase lending to address poverty and environmental issues.

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