Fir Tree to Sell Argentina Fund After 20% Net Returns

Fir Tree to Sell Argentina Fund After 20% Net Returns

Assessment

Interactive Video

Business

University

Hard

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The fund achieved a 20% annualized net return, investing in Argentine bonds with assets peaking at $400 million. It sold its position over several months, returning capital to investors by November. Fir Tree Partners declined to comment.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the annualized net return generated by the fund?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What type of bonds did the fund invest in?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much assets did the fund have at its peak?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

When did the fund return capital to investors?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the response of the spokeswoman for Fir Tree Partners regarding the fund?

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