Distressed Fund Copernico Ups Venezuela Bet by Wooing Local Bondholders
- Copernico hunts for creditors inside country holding debt
- Domestic investors could hold at least $1.5 billion of bonds
This article is for subscribers only.
One of Latin America’s longest-standing distressed-debt investors is upping its bet on some of the world’s riskiest bonds with a plan to recruit bondholders based in Venezuela.
Copernico Capital Partners SA is teaming with Caracas-based NTN Consultores to attract non-government domestic investors into a dedicated recovery fund.