Hedge funds are racing to Caracas to scout assets following the high-stakes removal of Nicolás Maduro by the Trump administration. Investors view the potential reintegration of the oil-rich nation into the Western financial system as a historic opportunity for restructuring debt and infrastructure.
Oaktree Capital Group LLC co-founder Howard Marks is gearing up for one of the best buying opportunities since the global financial crisis as higher interest rates and a looming recession push more companies into distress.
