Moore, Paulson, Soros Back New Spanish REIT

Mar 5 2014 | 12:25pm ET

Moore Capital Management, Paulson & Co. and Soros Fund Management are all investors in a new Spanish property fund run by Azora Gestión.

The three hedge funds have invested in Hispania, which Azora plans to list in Madrid. The fund has already raised €314 million of a €500 million target, including €92 million each from Paulson and Soros.

Hispania will invest in residential properties, offices and hotels in Spain.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...