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Big Short Against Shopping Malls Is Still On Back Order: Gadfly | National Real Estate Investor
Retailers are proving more resilient than expected. : (Bloomberg Gadfly)—A little more than a year ago, a relatively small hedge fund, Alder Hill, went public with its relatively big bet -- reportedly half of its $200 million fund -- against retailers and malls. It was dubbed the new Big Short -- a reference to the bet against housing in the run-up to the financial crisis that netted a few hedge funds tens of billions of dollars. Full investment news article
Canada's Brookfield To Sell Bonds In Brazil To Help Fund Pipeline -sources | Reuters
SAO PAULO, March 20 (Reuters) - Canada's Brookfield Asset Management Inc is preparing a $1.6 billion local bond sale in Brazil to help finance part of its investment in a Brazilian gas pipeline, three people with knowledge of the matter said. Full investment news article
Relevent to this post: Louisiana Economic Development
Banco do Brasil,