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U.S. Said to Study Mysterious Bond Billionaire's Venezuela Deals

  • David Martinez has advised Maduro regime on funding ideas
  • His hedge fund gave $300 million loan to Venezuela in 2017
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Trump Demands End to Maduro Regime

The U.S. is considering sanctions against Wall Street billionaire David Martinez as part of its effort to topple Nicolas Maduro’s regime by cutting off its access to financing, according to three people familiar with the matter.

Treasury Department officials have also discussed naming Martinez, the founder of the Delaware-domiciled hedge fund Fintech Advisory Inc., as a specially designated national for his business dealings with sanctioned Venezuelan officials including Finance Minister Simon Zerpa and Economy Vice President Tareck El Aissami, two of the people said, asking not to be identified because the information is private. Martinez visited Caracas as recently as December to pitch deals that would ease the government’s cash squeeze.