Hedge Funds Eye Spanish Residential Land Co.

Oct 4 2013 | 10:59am ET

Spanish construction company Sacyr is selling its property unit—and hedge funds are seen as the most likely buyers.

Sacyr put Vallehermoso up for sale on Tuesday. Reuters reports that it is drawing interest from hedge funds that are also seeking to buy the property-management division of Spain's capital-starved banks.

Sacyr, which merged with Vallehermosa 10 years ago, said in June that it had held talks about the sale with hedge funds and other companies.

Vallehermosa owns primarily undeveloped residential land.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note