Introduction to Hedge Funds | HSBC Private Bank
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Introduction to Hedge Funds | HSBC Private Bank
Find out what a hedge fund is, how it works and reasons why you should consider adding them to your portfolio.
Nov 17, 2023
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Billionaire hedge-fund boss Paul Singer stands to profit massively from the U.S. takeover of Venezuela’s oil industry. In November 2025 — less than two months before President Trump’s military operation that kidnapped Nicolás Maduro — Singer’s firm Elliott Investment Management purchased Citgo — Venezuela’s U.S. refining arm — at a deeply discounted $5.9 billion court-ordered sale, even though the asset’s market value is widely estimated at $11–$18 billion. The forced sale was engineered by sanc
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Billionaire hedge-fund boss Paul Singer stands to profit massively from the U.S. takeover of Venezuela’s oil industry. In November 2025 — less than two months before President Trump’s military operation that kidnapped Nicolás Maduro — Singer’s firm Elliott Investment Management purchased Citgo — Venezuela’s U.S. refining arm — at a deeply discounted $5.9 billion court-ordered sale, even though the asset’s market value is widely estimated at $11–$18 billion. The forced sale was engineered by sanc
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