Macro Finance
Hedge Funds Diameter, Redwood Bought Nuveen Brightline Debt
Bloomberg Markets·September 30, 2026·1 min read
Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital, and FourSixThree Capital purchased about $190 million of Brightline's municipal bonds from Nuveen this week, according to sources. The acquisition signals investor interest in the high-speed rail project's debt amid ongoing financial challenges.
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