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Aurelius Capital Management
American hedge fund From Wikipedia, the free encyclopedia
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Aurelius Capital Management (Aurelius) is an American hedge fund, run by Mark Brodsky, a lawyer formerly employed by Elliott Associates.[3]
Mark Brodsky is a University of Pennsylvania graduate (BA) in Political Science in 1974
In October 2013, Aurelius attempted to force the government of Argentina to pay $1.3bn following the 2010 Argentinian default on debt.[3] The fund is branded a "vulture" by Argentina for its stance.[4]
Aurelius has been involved in debt restructuring of Dubai World and Tribune Co; and, in October 2013, The Co-operative Bank.[3] Aurelius led a push to apply $54 billion of Petrobas bonds governed by U.S. law in the state of New York.[5]
In 2015 Aurelius bought large amounts of Ukraine's government debt before securing a preferential deal on its restructuring.[4] It has also been involved in the restructuring of debts owed by Puerto Rico.[6][7]
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