Owl Creek Said to Short Denmark Expecting Debt Crisis
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Owl Creek Asset Management LP, one of last year’s best-performing hedge-fund firms, is betting against Denmark’s sovereign bonds in anticipation of a debt crisis, according to two people familiar with the matter.
The $3.2 billion New York-based firm also bought credit default swaps on Danske Bank A/S, the country’s biggest lender, founder and investment chief Jeffrey Altman said last week at a conference panel discussion in Palm Beach, Florida, according to the people, who attended and asked not to be identified because the information is private.