Business

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

Behind The Money with the Financial Times by Topher Forhecz

Feb 11, 202620:01Business

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...

About This Episode

A hedge fund’s $8bn bet on Venezuela’s Citgo is an episode from Behind The Money with the Financial Times by Topher Forhecz. When the hedge fund Elliott Management pursued the acquisition of the oil refinery business Citgo a few years ago,...

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Published Feb 11, 2026, 20:01 long, audio available.

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

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