Behind the Money

Financial Times

Behind the Money takes you inside the business and financial stories of the moment with reporting from Financial Times journalists around the world. Hosted on Acast. See acast.com/privacy for more information.

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Behind the Money

Episodes (309)

Wed Feb 11th A hedge fund’s $8bn bet on Venezuela’s Citgo
Wed Feb 4th How the Federal Reserve might change under Kevin Warsh
Jan 28th Can Wells Fargo make it in investment banking?

Behind the Money

Feb 11, 2026
20 minutes
46 MB

When the hedge fund Elliott Management pursued the acquisition of the oil refinery business Citgo a few years ago, the deal was already a complicated one. A US court had ordered its current owner, Venezuela, to sell the business, and the country was not happy about it. But, things only got thornier after the US President Donald Trump removed the Caribbean nation’s leader Nicolás Maduro. The FT’s US investment correspondent Amelia Pollard and hedge fund correspondent Costas Mourselas explain how Elliott often thrives pursuing complex deals, and how they might navigate closing this one. Clips f...

Behind the Money

A hedge fund’s $8bn bet on Venezuela’s Citgo

Financial Times

00:00 -20:01